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| | | ... cent, to $2.17 and Newmont had fallen three cents to $3.85. MORE rlm/pe Making headlines today, iron ore miner Fortescue Metals Group said it had brought forward a planned shut down of its Pilbara port and mine processing plant facilities as part of ... |
| | | | ... Group, PrimeAg Australia, Jetset Travelworld, Seek, IBA Health Group, Ariadne Australia and BC Iron. In Perth, Fortescue Metals Group chief executive Andrew Forrest addresses the Committee for Economic Development of Australia (CEDA). The Australian ... |
| | | | ... Rio Tinto put on $3.27 or 4.1 per cent to $82.98. "It's only a matter of time before people work out that a lot of these metals are trading below their international cost of supply," Mr Wright said. "In five to six years down the track, there are going ... |
| | | | The Australian sharemarket was firmly in the red at noon, weighed down by mining stocks following largely softer metals prices overnight and a flat US lead. At 1200 AEDT, the benchmark S&P/ASX200 index was down 73.2 points, or 1.73 per cent, at 4,148.3 ... |
| | | | ... prices had seen market heavyweights BHP Billiton and Rio lose ground today. "It's a pretty simple story really... Base metals were up substantially a couple of nights ago, but they were never going to be able to hold that in reality, so they all came ... |
| | | | ... losses all day, pulled lower by commodity producers as investors speculated a global recession will damp demand for fuel and metals.' Bloomberg is not the only one. Every other information media on the financial market echoed the same spin. Stocks are ... |
| | | | ... lower at 3,993 on a volume of 15,915 contracts. CMC Markets senior dealer Matthew Lewis said the flagging price of base metals were having a major influence on the local bourse today. "Not surprisingly, the market is exceptionally weaker today, considering ... |
| | | | ... August. The Australian Bureau of Statistics will release retail trade and building approvals data for August. Fortescue Metals Group Ltd and Gleneagle Gold Ltd will hold general meetings, and Incremental Petroleum Ltd will hold its annual general meeting ... |
| | | | ... heavily sold off in the morning and a lot of them have bounced back into positive territory. "On the negative side, base metals were fairly mixed overnight, more to the weaker side, and mining giants BHP and Rio have been a bit of negative weight on ... |
| | | | ... 83 cents, or 3.09 per cent, to $27.73 and Macquarie Group was up $1.90, or 5.26 per cent, to $38.000. Oil, gold and base metals prices were lower overnight. Mining giant BHP Billiton was down 57 cents, or 1.5 per cent, to $37.33 at 1209 AEST, while its ... |
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