BHP Billiton Ltd said it was reviewing its fiscal 2016 iron ore production guidance following a deadly mudflow and flooding disaster at a mine in Brazil, which analysts described as a severe blow for the world's biggest miner.
At least two people died and as many as 28 are missing after a dam ruptured at the Samarco Mineração S.A. mine and unleashed floods and mud that swept as far as 100 km (60 miles) from the mine.
Samarco, a joint venture between BHP and the world's biggest iron ore miner, Vale SA , said it had set no date to restart the mine, which produced 29 million tonnes of iron ore last year.
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