Qrtly Production Report - Pt1
Broken Hill Proprietary Co Ld
26 October 2000
PART 1
Quarterly Production Report
Quarter Ended 30 September 2000
Minerals
- Steelmaking and Energy Materials
quarter % change YTD % change
Coal (Queensland)
(millions tonnes) 6.226 (7) 6.226 (7)
Iron Ore (West Aust)
(millions tonnes) 14.629 11 14.629 11
Briquettes (Venezuela)
('000 tonnes) 48 - 48 -
Briquettes (West Aust)
('000 tonnes) 105 - 105 -
Queensland coal production for the quarter ended 30 September 2000 was lower
compared with the corresponding quarter last year, primarily due to the sale of
Moura mine effective August 1999. Increased production at Blackwater mine
reflects improved demand for Blackwater thermal coal. Lower production at Crinum
underground mine resulted from a minor roof collapse and industrial action in
September. Production at Illawarra collieries was higher for the quarter
reflecting the impact of longwall changeouts during the same period last year.
WA iron ore production and shipments for the first quarter were higher than for
the corresponding quarter last year, capitalising on strong market demand.
Increased production from Yandi reflects increased demand from Japanese and
Asian markets.
BHP's WA HBI plant is continuing to produce briquettes while undertaking trials
to determine the technical feasibility of production processes and the
commercial viability of the project. Orinoco HBI plant commenced commissioning
in June this year.
- Non-Ferrous and Industrial Materials
quarter % change YTD % change
Copper in concentrate
('000 tonnes) 188 (1) 188 (1)
Diamonds (Ekati)
('000 carats) 309 (3) 309 (3)
Silver in concentrate
(Cannington)
('000 ounces) 7 485 16 7 485 16
Production of copper in concentrate for the quarter ended 30 September was
largely in line for the corresponding quarter last year; production at BHP's
North American copper operations ceased in June 1999. Production of copper in
concentrate at Escondida was in line with first quarter 1999 with significantly
lower average head grades largely offset by increased mine production and mill
throughput. Increased Tintaya production was due to equipment availability.
Escondida shipments were lower for the quarter due to the scheduling of
shipments.
Ekati diamond production was in line with production for the corresponding
quarter last year.
Cannington silver production was higher for the first quarter compared to the
same quarter last year due to higher average head grades and improved mill
recoveries.
Steel
quarter % change YTD % change
Raw Steel (Core)
('000 tonnes) 1 455 3 1 455 3
Raw Steel (Discontin.)
('000 tonnes) 373 (52) 373 (52)
Raw steel production (core steel operations) for the quarter ended 30 September
was higher than for the corresponding quarter last year due to higher production
from Port Kembla; Delta, Ohio, and Glenbrook Steelworks in New Zealand. Higher
despatches from Delta and higher domestic despatches from Glenbrook were due to
increased customer demand and improved production performance.
Raw steel production (discontinuing steel operations) was lower for the first
quarter compared to the corresponding period last year due to the closure of
Newcastle primary steel operations in September 1999. This was in part offset by
higher production from Sydney Steel Mill with production maintained at peak
levels. Lower export despatches from Australian operations was due to the
cessation of export billet production following the closure of the Newcastle
operations.
Petroleum
quarter % change YTD % change
Oil & Condensate
('000 barrels) 20 820 17 20 820 17
Natural Gas
(bcf) 61.8 8 61.8 8
Oil and condensate production for the first quarter was higher compared to the
corresponding quarter last year due largely to new production from the
Laminaria/Corallina and Buffalo fields. This was in part offset by lower Bass
Strait production due to scheduled and unscheduled platform shut-ins for
maintenance. Production from Wanaea/Cossack was higher compared to the previous
year. During part of the corresponding period the Cossack Pioneer was offline
for a major refit. Production from the North West Shelf for September 2000 was
affected by planned shutdowns of both the onshore plant and offshore facilities.
Gas production for the quarter was higher than the corresponding quarter
reflecting increased production from Bass Strait due to increased demand and
increased production from Bruce. This was partly offset by lower production from
Liverpool Bay due to a scheduled shut down in September.
Production and Shipment Report
3 3
QUARTER ENDED MONTHS MONTHS
30 SEP 30 SEP % TO SEP TO SEP %
2000 1999 change 2000 1999 change
Minerals
Steelmaking and Energy Materials
Production
Coal ('millions t) 13.010 14.132 -8% 13.010 14.132 -8%
Iron Ore - ('millions t) 14.629 13.230 11% 14.629 13.230 11%
West Aust
Iron Ore - ('millions t) 1.778 1.588 12% 1.778 1.588 12%
Brazil
HBI - ('000 t) 48 - N/A 48 - N/A
Venezuela
HBI - ('000 t) 105 111 -5% 105 111 -5%
West Aust
Shipments
Coal ('millions t) 13.559 13.447 1% 13.559 13.447 1%
Iron Ore -('millions t) 14.126 13.153 7% 14.126 13.153 7%
West Aust
Iron Ore -('millions t) 1.624 1.992 -18% 1.624 1.992 -18%
Brazil
HBI - ('000 t) 40 - N/A 40 - N/A
Venezuela
HBI - ('000 t) 54 122 -56% 54 122 -56%
West Aust
Non-Ferrous and Industrial Materials
Production
Copper in ('000 t) 188 191 -1% 188 191 -1%
concentrate
Copper ('000 t) 27 28 -4% 27 28 -4%
cathodes
(SXEW)
Gold in (fine oz) 172,999 133,997 29% 172,999 133,997 29%
concentrate
Silver in ('000 oz) 8,195 6,699 22% 8,195 6,699 22%
(lead)
concentrate
Lead in (tonnes) 54,029 48,106 12% 54,029 48,106 12%
concentrate
Zinc in (tonnes) 15,556 16,375 -5% 15,556 16,375 -5%
concentrate
Diamonds ('000 carats) 309 319 -3% 309 319 -3%
Shipments
Copper ('000 t) 145 265 -45% 145 265 -45%
Copper ('000 t) 29 30 -1% 29 30 -1%
cathodes
(SXEW)
Gold (fine oz) 128,771 186,304 -31% 128,771 186,304 -31%
Silver in ('000 oz) 7,485 6,469 16% 7,485 6,469 16%
concentrate
Lead in (tonnes) 48,504 45,663 6% 48,504 45,663 6%
concentrate
Zinc in (tonnes) 13,853 16,583 -16% 13,853 16,583 -16%
concentrate
Steel
Core
Production
Raw steel ('000 t) 1,455 1,406 3% 1,455 1,406 3%
Marketable('000 t) 1,425 1,402 2% 1,425 1,402 2%
steel
products
Despatches
Steel ('000 t) 1,236 1,191 4% 1,236 1,191 4%
despatches
Discontinuing Operations
Production
Raw steel ('000 t) 373 780 -52% 373 780 -52%
Marketable('000 t) 540 809 -33% 540 809 -33%
steel
products
Despatches
Steel ('000 t) 527 793 -34% 527 793 -34%
despatches
Petroleum
Production
Crude oil ('000 bbl) 20,820 17,754 17% 20,820 17,754 17%
& condensate
Natural gas (bcf) 61.8 56.9 8% 61.8 56.9 8%
LPG ('000 t) 172.6 166.6 4% 172.6 166.6 4%
Ethane ('000 t) 23.2 22.3 4% 23.2 22.3 4%
Methanol ('000 t) - 8.8 -100% - 8.8 -100%
Figures include BHP share of production from joint ventures and 100% of
production from controlled entities(unless otherwise stated).
PRODUCTION AND SHIPMENT REPORT (1) - SEPTEMBER 2000
QUARTER ENDED 3 3
MONTHS MONTHS
30 SEP 30 SEP TO SEP TO SEP
2000 1999 2000 1999
MINERALS (1) (2)
Coal Production
Queensland
CQCA
- Blackwater (millions 1.056 0.869 1.056 0.869
tonnes)
- Goonyella (millions 0.924 0.892 0.924 0.892
tonnes)
- Peak Downs (millions 0.893 0.942 0.893 0.942
tonnes)
- Saraji (millions 0.608 0.600 0.608 0.600
tonnes)
- Norwich (millions 0.480 0.582 0.480 0.582
Park tonnes)
Gregory Joint
Venture
- Gregory (millions 0.297 0.169 0.297 0.169
tonnes)
- Crinum (millions 0.554 0.692 0.554 0.692
tonnes)
BHP Mitsui
Coal
- Moura (3) (millions 0.000 0.554 0.000 0.554
tonnes)
- Riverside (millions 0.745 0.713 0.745 0.713
tonnes)
- South (millions 0.669 0.667 0.669 0.667
Walker Creek tonnes)
(Trial Mine)
BHP total share of (millions 6.226 6.680 6.226 6.680
production (Queensland) tonnes)
NSW
Illawarra (millions 1.738 1.693 1.738 1.693
Collieries tonnes)
BHP total share of (millions 1.738 1.693 1.738 1.693
production (NSW) tonnes)
Indonesia (4)
- Senakin (millions 0.905 1.041 0.905 1.041
tonnes)
- Satui (millions 0.818 0.822 0.818 0.822
tonnes)
- Petangis (millions 0.243 0.262 0.243 0.262
tonnes)
BHP total share of (millions 1.966 2.125 1.966 2.125
production (Indonesia) tonnes)
USA
New Mexico
Operations
- Navajo Mine (millions 1.544 2.213 1.544 2.213
tonnes)
- San Juan (millions 1.536 1.421 1.536 1.421
Mine tonnes)
BHP total share of (millions 3.080 3.634 3.080 3.634
production (USA) tonnes)
BHP total share of (millions 13.010 14.132 13.010 14.132
production tonnes)
Total Coal Shipments
- (millions 6.945 7.057 6.945 7.057
Metallurgical tonnes)
- Thermal (millions 6.614 6.390 6.614 6.390
tonnes)
BHP total share of shipments (millions 13.559 13.447 13.559 13.447
tonnes)
(1) Production and shipments data includes BHP's share of production from
joint ventures and 100% of production from controlled entities (unless
otherwise stated).
(2) Coal production is reported on the basis of saleable product.
(3) Sale of Moura Mine was effective 20 August 1999.
(4) Production reported at 86.5%, after allowing for the Indonesian state -
owned corporation's 13.5% share of all production.
QUARTER ENDED 3 3
MONTHS MONTHS
30 SEP 30 SEP TO SEP TO SEP
2000 1999 2000 1999
MINERALS (1)
Iron Ore
Production
Western
Australia
Mt Newman
Joint
Venture
- Mt (millions 3.954 3.532 3.954 3.532
Whaleback tonnes)
- OB 23/25 (millions 1.446 1.218 1.446 1.218
tonnes)
Goldsworthy (millions 1.576 1.787 1.576 1.787
Joint tonnes)
Venture
Yandi Joint (millions 6.557 5.396 6.557 5.396
Venture tonnes)
Jimblebar (millions 1.096 1.297 1.096 1.297
tonnes)
BHP total share of
production
(Western Australia) (millions 14.629 13.230 14.629 13.230
tonnes)
Brazil
Samarco (2) (millions 1.778 1.588 1.778 1.588
tonnes)
Australian Shipments
- Lumps (millions 3.545 3.714 3.545 3.714
tonnes)
- Fines (millions 10.581 9.439 10.581 9.439
tonnes)
BHP total share of (millions 14.126 13.153 14.126 13.153
Australian shipments tonnes)
Brazil
Samarco (2) (millions 1.624 1.992 1.624 1.992
tonnes)
Hot Briquetted Iron -
Venezuela (2)
Production ('000 48 - 48 -
tonnes)
Shipments ('000 40 - 40 -
tonnes)
Hot Briquetted Iron -
Western Australia
Production ('000 105 111 105 111
tonnes)
Shipments ('000 54 122 54 122
tonnes)
(1) Production and shipments data includes BHP's share of production from joint
ventures and 100% of production from controlled entities (unless otherwise
stated).
(2) Production & shipments reported is the proportion of total production &
shipments determined by BHP's equity interest in Samarco Mineracao and
Orinoco Iron (50%).
QUARTER ENDED 3 3
MONTHS MONTHS
30 SEP 30 SEP TO SEP TO SEP
2000 1999 2000 1999
MINERALS (1)
COPPER PRODUCTION SUMMARY
Copper in Concentrate - Chile 113.5 118.9 113.5 118.9
('000 tonnes) - PNG 51.5 51.0 51.5 51.0
- Peru 23.4 21.0 23.4 21.0
Total 188.4 190.9 188.4 190.9
Gold in Concentrate - Chile 20 469 22 561 20 469 22 561
(fine ounces) - PNG 144 357 102 560 144 357 102 560
- Peru 8 173 8 876 8 173 8 876
Total 172 999 133 997 172 999 133 997
Copper Cathodes (SXEW) - Chile 20.0 19.9 20.0 19.9
('000 tonnes) - USA 7.1 8.3 7.1 8.3
(2)
Total 27.1 28.2 27.1 28.2
Copper Smelting and - 0.0 37.5 0.0 37.5
Refining Saleable
Rod
(all sources) ('000
tonnes)
COPPER SHIPMENTS SUMMARY
Copper (3) - Chile 89.4 116.2 89.4 116.2
('000 tonnes) - PNG 37.6 53.1 37.6 53.1
- Peru 18.3 18.1 18.3 18.1
-
Smelter
and
Refinery
(2)
- BHP 0.0 20.5 0.0 20.5
Source
- Custom 0.0 57.4 0.0 57.4
and
Purchased
145.3 265.3 145.3 265.3
Gold (fine ounces) - Chile 17 582 23 867 17 582 23 867
(fine ounces) - PNG 104 586 113 589 104 586 113 589
- Peru 6 603 7 605 6 603 7 605
-
Smelter
and
Refinery
(2)
- BHP 0 17 020 0 17 020
Source
- Custom 0 24 223 0 24 223
and
Purchased
128 771 186 304 128 771 186 304
Copper Cathodes (SXEW) - Chile 22.1 21.4 22.1 21.4
('000 tonnes) - USA 7.1 8.1 7.1 8.1
(2)
29.2 29.5 29.2 29.5
(1) Production and shipments data includes BHP's share of production from joint
ventures and 100% of production from controlled entities(unless otherwise
stated).
(2) Following the announcement on 25 June 1999, production at North American
copper operations have ceased, other than SXEW operations which
continue at the Pinto Valley and San Manuel mines.
(3) Excludes USA and Chile Copper Cathodes (SXEW) shipments.
QUARTER ENDED 3 3
MONTHS MONTHS
30 SEP 30 SEP TO SEP TO SEP
2000 1999 2000 1999
MINERALS (1) (2)
Escondida, Chile - Copper
Material ('000 75 557 61 919 75 557 61 919
mined (100% tonnes)
Basis)
Ore milled ('000 12 358 11 510 12 358 11 510
(100% tonnes)
Basis)
Average
head grade
- Copper (%) 1.85 2.05 1.85 2.05
Production ('000 199.51 209.63 199.51 209.63
ex Mill - tonnes)
100%
Production
- Copper in ('000 114 119 114 119
concentrate tonnes)
- Gold in (fine 20 469 22 561 20 469 22 561
concentrate ounces)
- Copper ('000 20.0 19.9 20.0 19.9
cathodes tonnes)
(SXEW)
Shipments
Copper in ('000 89.4 116.2 89.4 116.2
concentrate tonnes)
Gold (fine 17 582 23 867 17 582 23 867
ounces)
Copper ('000 22.1 21.4 22.1 21.4
cathodes tonnes)
(SXEW)
Ok Tedi, Papua New Guinea
- Copper
Material ('000 22 299 21 902 22 299 21 902
mined tonnes)
Ore milled ('000 7 371 7 232 7 371 7 232
tonnes)
Average
head grade
- Copper (%) 0.93 0.83 0.93 0.83
- Gold (g/t) 0.99 0.70 0.99 0.70
Production
- Copper in ('000 51.5 51.0 51.5 51.0
concentrate tonnes)
- Gold in (fine 144 357 102 560 144 357 102 560
concentrate ounces)
Shipments
Copper ('000 37.6 53.1 37.6 53.1
tonnes)
Gold (fine 104 586 113 589 104 586 113 589
ounces)
(1) Production and shipments data includes BHP's share of production from joint
ventures and 100% of production from controlled entities(unless otherwise
stated).
(2) Material mined, ore treated and average head grade data is based on total
mine activity. All copper operations are controlled entities except
Escondida, Chile which is a joint venture (BHP share 57.5%).
QUARTER ENDED 3 3
MONTHS MONTHS
30 SEP 30 SEP TO SEP TO SEP
2000 1999 2000 1999
MINERALS (1) (2)
Tintaya, Peru - Copper
Material ('000 16 394 13 497 16 394 13 497
mined tonnes)
Ore milled ('000 1 620 1 390 1 620 1 390
tonnes)
Average
head grade
- Copper (%) 1.56 1.66 1.56 1.66
Production
- Copper in ('000 23.4 21.0 23.4 21.0
concentrate tonnes)
- Gold in (fine 8 173 8 876 8 173 8 876
concentrate ounces)
Shipments
Copper ('000 18.3 18.1 18.3 18.1
tonnes)
Gold (fine 6 603 7 605 6 603 7 605
ounces)
San Manuel Mine, USA -
Copper (3)
Production
- Copper ('000 2.8 3.5 2.8 3.5
cathodes tonnes)
(SXEW)
Pinto Valley, USA -
Copper (3)
Production
- Copper ('000 4.3 4.8 4.3 4.8
cathodes tonnes)
(SXEW)
(1) Production and shipments data includes BHP's share of production from joint
ventures and 100% of production from controlled entities
(unless otherwise stated).
(2) Material mined, ore treated and average head grade data is based on total
mine activity. All copper operations are controlled entities except
Escondida, Chile which is a joint venture(BHP share 57.5%).
(3) Following the announcement on 25 June 1999, production at North American
copper operations have ceased, other than SXEW operations which
continue at the Pinto Valley and San Manuel mines.
QUARTER ENDED 3 3
MONTHS MONTHS
30 SEP 30 SEP TO SEP TO SEP
2000 1999 2000 1999
MINERALS (1)
Diamonds (2)
Ekati, Canada
Production
- Diamonds ('000 309 319 309 319
carats)
Silver, Lead & Zinc
Cannington, Australia
Material ('000 430 425 430 425
mined (100% tonnes)
Basis)
Ore milled ('000 408 387 408 387
(100% tonnes)
Basis)
Average
head grade
- Silver (g/t) 653 553 653 553
- Lead (%) 14.50 12.97 14.50 12.97
- Zinc (%) 5.10 4.66 5.10 4.66
Production
- Silver in ('000 8 195 6 699 8 195 6 699
(lead) ounces)
concentrate
- Lead in (tonnes) 54 029 48 106 54 029 48 106
concentrate
- Zinc in (tonnes) 15 556 16 375 15 556 16 375
concentrate
Shipments
-Silver in ('000 7 485 6 469 7 485 6 469
concentrate ounces)
- Lead in (tonnes) 48 504 45 663 48 504 45 663
concentrate
- Zinc in (tonnes) 13 853 16 583 13 853 16 583
concentrate
Platinum Group Metals (3)
Hartley, Zimbabwe
Production
(BHP Share)
- Platinum (ounces) 0 5 460 0 5 460
in final
leach
concentrate
- Palladium (ounces) 0 4 303 0 4 303
in final
leach
concentrate
- Rhodium (ounces) 0 394 0 394
in final
leach
concentrate
Shipments
(BHP Share)
- Platinum (ounces) 0 12 984 0 12 984
in final
leach
concentrate
- Palladium (ounces) 0 8 938 0 8 938
in final
leach
concentrate
- Rhodium (ounces) 0 903 0 903
in final
leach
concentrate
(1) Production and shipments data includes BHP's share of production from joint
ventures and 100% of production from controlled entities (unless otherwise
stated).
(2) Ekati, Canada commissioned during October 1998. BHP's interest in the joint
venture and reported share of production is 51%.
(3) BHP's interest in the joint venture and reported share of production is
67%, however BHP has an effective economic interest of 90.1%. On the 2 June
1999 BHP announced that it had signed an agreement with Zimbabwe Platinum
Mines Limited (Zimplats) for the conditional sale by BHP to Zimplats of its
interest in Hartley and Mhondoro joint venture projects in Zimbabwe.
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