Wednesday 29 April 2015

Otmane El Rhazi : Northern Iron still focused on shaving costs

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

ASX-listed iron-ore miner Northern Iron has reported an 11% decline in production during the quarter ended March, with the company blaming lower ore grades and unplanned downtime at its Norwegian project. Concentrate production during the March quarter reached 501 000 t, compared with the 563 000 t produced in the previous quarter, while concentrate sales remained relatively unaffected at 550 000 t, compared with the 552 000 t shipped in the three months to December.

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