CAPITAL MARKETS

Iron ore still in favour

IRON ore major BHP has been one of the main beneficiaries of the Brazilian supply disruption, and while it waited until after the market closed to drop its half-year results, one of Mount Gibson Iron closed up 4%, while Venture Minerals ceded a lot of the ground it won yesterday on news it could restart development of its Riley DSO project in Tasmania, falling 12.5% today to close at 2c, but still above Friday’s close of 1.8c.

Iron ore still in favour

   

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