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Showing 411 - 420 of 527 results for "Iron ore"

Market Wrap - Midday

AAP  |  MONDAY, 22 AUG 2011
... second-biggest steelmaker, OneSteel, were up 1.5 cents to $1.36 after it announced it would invest $346 million in several iron ore mines. In other local trade, the major banks were higher, with ANZ up two cents at $19.52 and Westpac 13 cents higher ...

China demand for Australian resources to fall: JP Morgan

ALISON BEVEGE  |  FRIDAY, 12 AUG 2011
... caused by a weaker global economy, she wrote. About 22% of Australia's exports went to China last year, Ulrich said, with iron ore the biggest followed by coal, copper and natural gas. Ulrich said 75% of China's power is generated by coal. The Asian ...

LICs benefit from FOFA

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
... mining stocks on 10 different exchanges and charges fees of about 1.25% per year. Its top 20 holdings include Brazilian iron ore giant Vale, gold play Anglo American, copper-gold giant Freeport McMoRan that mines West Papua alongside Australian pillars ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 20 JUL 2011
... to $82.52. BHP said on Wednesday it had achieved production records in four commodities in 2010/11, with production of iron ore posting its 11th consecutive record. The spot price of gold in Sydney was $US1,588.70 per fine ounce, down $US18.37 from Tuesday's ...

Market Wrap - Midday

AAP  |  MONDAY, 18 JUL 2011
... $12.86 and the third-worst performer on the S&P/ASX50. On a positive note, Sundance Resources shares leapt after the iron ore miner received a takeover offer valuing it at $1.44 billion. The stock was up eight cents, or 20 per cent, at 48 cents after ...

Market Wrap - Midday

AAP  |  MONDAY, 27 JUN 2011
... FerrAus was up 15.5 cents at 79.5 cents after it recommended to its shareholders an offer from fellow Pilbara-focussed iron ore miner Atlas Iron that could put an end to a hostile bid from Hong Kong investment company Wah Nam. Atlas Iron was 16 cents ...

Market Wrap

AAP  |  WEDNESDAY, 15 JUN 2011
... weak domestic market. Qantas shares were half a cent lower at $1.88. Rio Tinto Ltd says it will accelerate its Pilbara iron ore expansion program in Western Australia by spending $US350 million ($A329 million) on early works and procurement. Shares in ...

Market Wrap

AAP  |  MONDAY, 6 JUN 2011
... Gindalbie Metals says it has signed a 10-year rail haulage agreement with QR National worth $900 million to transport iron ore from the Karara project near Geraldton in Western Australia. Gindalbie's shares eased 0.5 cents to 93 cents. National turnover ...

Market Wrap - Midday

AAP  |  FRIDAY, 20 MAY 2011
... backtracked $1.09, or 1.34 per cent, to $80.01. Fortescue Metals was three cents cheaper at $6.46 after announcing a maiden iron ore reserve estimate of 716 million tonnes for the first stage of its Solomon Hub project in Western Australia. Among energy ...

Selection the key as mining stocks surge

MATT WOODINGTON  |  WEDNESDAY, 27 APR 2011
... Equities, AMP Capital is bullish on resources with BHP, Rio and Fortescue all featuring in the portfolio. AMP also likes iron ore, coal and other resource firms further down the supply chain. "The developers and contractors who are doing a lot of the ...