CAPITAL MARKETS

Aquila and the profits

REPORTING season starts with significant profit upgrades to Iluka and Zinifex, while junior Aquila Resources provides a beachhead for the arrival of Brazilian giant CVRD in the form of a coal deal. Elsewhere strikes at various mining centres provides further support for commodity prices.

MiningNews.Net
Aquila and the profits

Major CVRD deal for Aquila PERTH-based explorer Aquila Resources signs a deal with Brazilian mining giant CVRD that could reap it $US47.5 million next financial year. The deal covers a potential coal...

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