Miners massacred as base metals plummet

RESOURCE stocks listed on the Australian bourse have taken another massive hit following another plunge in base metal prices overnight on heightened fears over a slump in demand for commodities as a result of the global economic slowdown.

Miners massacred as base metals plummet Miners massacred as base metals plummet Miners massacred as base metals plummet Miners massacred as base metals plummet Miners massacred as base metals plummet

The Australian share market continued on from yesterday’s losses with the benchmark S&P-ASX 200 index down 3.9% to 3986.7 points and the All Ordinaries down 3.8% at 3949.5 points at 11.30am EDT.

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