BC Iron provided earnings guidance for the second half of 2014. The company said that the profit in the second half is set to fall following a drop in the iron ore price and the effects of the recent wet season. Therefore, the company anticipates its revenue and profits will be lower in the second half of fiscal 2014 compared to the first half.

It also reaffirmed sales guidance of between 5.8 and 6.2 million tonnes.