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iron ore jumps above us50 is it time to buy the miners

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iron ore jumps above us50 is it time to buy the miners

2014-7-25ensp0183enspThe last time iron ore collapsed falling 55 percent from Feb. 16 2011 to Sept. 5 2012 BHP and Rio Tinto slumped 33 percent and 44 percent. Prices Retreating Fortescue Metals Group Ltd. FMG the Australian producer controlled by billionaire Andrew Forrest said last month that prices may continue to decline potentially retreating to 80

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Fortescue Metals Group Ltd Asxfmg Iron

Iron ore just ripped higher again and is now up almost 50 this year David Scutt Apr 20 2016 913 PM Following the lead of Chinese futures which closed limit-up 6 the spot iron ore price rocketed higher on Wednesday rising to the highest level seen since June 12 last year

Iron Ore Jumps Above Us50 Is It Time To Buy The

Iron ore has somehow managed to defy bearish market sentiment over the last few weeks having recovered from a 10-year low to bounce back above the US50 a tonne mark on Friday

Iron Ore Plunges Below Us50 Is It Time To Dump The

The iron ore price has plunged from a high of over US150 per tonne to todays price below US50 per tonne taking with it the profits of Australias most successful mining companies and the

Iron Ore Back Above Us50 Yahoo7 Finance

The price will need to climb higher for Australias junior miners which are losing money in an oversupplied market with the price down more than 60 per cent on a year ago. Reblog Share

Iron Ore Jumps Above Us65 A Tonne Is It Time To Buy

Australias iron ore miners are skyrocketing today after the commodity which is a key ingredient used to make steel rose 1.7 to US65.39 a tonne according to the Metal Bulletin

Why Nows The Time To Buy Iron Ore Cnbc

Iron ore has taken a beating this year with prices correcting over 30 percent from their year-to-date high of 135 a tonne in January but one analyst told CNBC this presents the perfect buying

Is It Time To Buy Iron Ore Stocks Motley Fool Australia

Even people who are paid to predict the price of commodities have a tough time giving an accurate forecast of the iron ore price. In 2013 the price of iron ore was supposed to drop to below 100

Aud Bullish Chinas Iron Ore Imports Hit 33Month

Iron ore is one of Australias top exports. Chinas iron ore imports jumped 16.8 in June from a month earlier data released early Tuesday showed. Th

Iron Ore Jumps By Record 19 On China Stimulus

The iron ore price is now 20 per cent higher than last years 50 average. The UK-listed shares of BHP and Rio were among the best performers in the FTSE 100 on Monday gaining 1.2 per cent and

Heres Why Iron Ore Prices Arent Rising

Iron ore prices are unlikely to stage a decisive recovery anytime soon as a supply glut continues to flood a market hit by slowing demand sending prices to four-month lows this week analysts say

Warning Read This Before The Silly Seasons Official

Source Flickr The nations budget would be in more disarray. Junior iron ore producers would be in danger of going bust. If you thought the 50 fall in the share price of Fortescue Metals

Bulls Reset As Ecb Paves Way For More Stimulus

2016-12-9ensp0183enspChina oversight sends Aussie miners skyrocketing As iron ore prices eclipse US80 per tonne Australian mining companies have China to thank for a lucrative oversight

Gold Plunge Hurts Kingsgate Amp Oceana Sharecafe

A spot of window dressing in the battered gold markets in New York on Friday night our time with the metal ending up 2.2 as investors who were shorting the metal decided to cover their positions

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