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| | | ... Reserve Bank of Australia is due to release financial aggregates for May. In Perth, WA Premier Colin Barnett, BHP Billiton iron ore president Jimmy Wilson, Fortescue Metals Group chief executive Nev Power and Santos WA and NT vice president John Anderson ... |
| | | | ... to $31.23. The big miners are posting solid losses, however, following falls in commodity prices overnight including iron ore, Australia's most valuable export. BHP Billiton has shed 56 cents, or 1.8 per cent, to $31.06 and Rio Tinto has given up 81 ... |
| | | | ... while Rio Tinto lost 15 cents to $52.45. BHP told the market it is selling a 15 per cent stake in its West Australian iron ore Jimblebar mine to the Japanese conglomerates ITOCHU Corporation and Mitsui for $US1.5 billion ($A1.64 billion). The Australian ... |
| | | | ... Commonwealth down 32 cents at $68.17 and Westpac 29 cents lower at $29.16. The miners were stronger after a lift in the iron ore price, which was more than two per cent higher at $US117.70 ($A124.72) a tonne. Market heavyweight BHP Billiton had gained ... |
| | | | ... shedding 28 cents to $29.64 and ANZ relinquishing 22 cents to $28.23. The mining giants were mixed, despite a rise in iron ore prices, with BHP Billiton offloading 12 cents to $32.68 but Rio Tinto adding four cents to $53.69. The shaky start to local ... |
| | | | ... coming out of China that they might be looking to try and do something about their overcapacity in the various aluminium, iron ore, coal sectors there," Mr Russell said. On Wall Street, the Dow Jones Industrial Average shed 0.7 per cent while the broad-based ... |
| | | | ... recent run higher after touching multi-month lows in April amid concerns about falling commodities prices, particularly iron ore. On Wednesday, BHP was up 51 cents, or 1.46 per cent, at $35.34, while Rio had risen $1.18, or 2.13 per cent, to $56.48. ... |
| | | | ... release March lending finance data. In equities news, the three-day RIU Resources Round Up conference starts, while the Iron Ore Project Development and Logistics two-day conference starts in Perth. In Australia, the market on Monday closed flat ahead ... |
| | | | ... services shipments but far more than the 5% the United States buys from us. Plus, most of Japan's import needs -- oil, coal, iron ore, copper, aluminium and wood - are among Australia's major exports. How good is that? It's in Australia's economic interest ... |
| | | | ... Despite the move higher on Wednesday, Mr Daghlian said mining stocks were expected to remain under pressure given weak iron ore prices. "Overall, things seem to be tough going for the miners," Mr Daghlian said. "When you look at any of the mining stocks ... |
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