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Iron ore rout extends below $US70

Hopes a floor in the iron ore price had been reached earlier this week were dashed overnight as the commodity sunk to a new five-year low. 228 more words


Local market lower, but Medibank up

Weakness in the resources sector is weighing on the share market, but Medibank Private has made a solid debut.

Health insurer Medibank Private, which listed at $2.00 per share, opened at $2.22, and was at $2.20 on a volume of 117 million by 12:07pm AEDT. 249 more words


BHP Lubliniec | P.W.LJM Leszek Maruszczyk

BHP Lubliniec | P.W.LJM Leszek Maruszczyk BHP Lubliniec – profesjonalne us ugi BHP dla firm w Lubli cu http://www.pwljm.pl/bhp-lubliniec/ Prezentacja zakresu us ug BHP oferowanych przez Przedsi biorstwo Wielobran owe LJM Leszek… From: P.W. 22 more words

Rio Tinto Dividend Most Sustainable of Aussie Iron Ore Miners - Credit Suisse

Rio Tinto (RIO) has the most sustainable dividend of the Aussie iron ore miners, according to Credit Suisse.

The broker says Rio Tinto can sustain its current debt level and raise its underlying dividend, even at US$65 a ton iron ore through CY15-16, but would need to trim capex by around $700 million in CY17. 110 more words


Aussie miners bounce back at the open

The Australian share market has opened 1 per cent higher, with local miners regaining ground on news of a cut to Chinese interest rates after being beaten down last week. 88 more words


BHP sees investment decline ahead

BHP Billiton says its level of investment will decline to $US14.2 billion in fiscal 2015 and $US13 billion in fiscal 2016, but says the fall will have no impact on growth. 54 more words