Fortescue Metals Group Ltd [ASX:FMG] tumbled down 7.7% to a low of $5.42 this morning. It seems like the iron ore miner’s share price edges lower on a daily basis.Resource and Mining Stocks
Fortescue Metals Group Ltd [ASX:FMG] tumbled down 7.7% to a low of $5.42 this morning. It seems like the iron ore miner’s share price edges lower on a daily basis.
For his tireless service to Rio and its shareholder, the company sent Walsh away with a parting gift. He received shares in the company and a bonus of around $27 million.
Iron ore miner Fortescue Metals Group [ASX:FMG] dropped 5.29% Wednesday morning, to $6.27 a share. The billion-dollar miner is still up 6.45% year-to-date, but that could change if the iron ore price continues to fall.
Tawana Resources is on track to become a producer in 2017. It has lithium projects in Western Australia and Namibia. Shares gained more than 8% today. This morning, Queensland Bauxite announced that their investment in Medicinal Cannabis Ltd (MCL) was progressing. 
Platina Resources Ltd [ASX:PGM] isn’t a little-known miner with a market cap of $32 million and plans to produce scandium, cobalt and nickel.![BHP Billiton Ltd [ASX:BHP]](https://2sdyuft3m8u44r50x3q3y1b1-wpengine.netdna-ssl.com/wp-content/uploads/2014/05/BHP-Billiton-Ltd-150x150.jpg)
BHP Billiton Ltd [ASX:BHP] had a tremendous climb in 2016, finishing 40.31% higher for the year. But the stock is struggling to climb in 2017.
Investors seeking a speculative punt have poured into lithium plays. Zenith Minerals Ltd [ASX:ZNC] is a tiny miner looking for the next big lithium project.
Resolute Mining Ltd [ASX:RSG] is a gold miner operating mines in Africa and Australia. This morning, RSG dropped 6.69%, to a low of $1.25.
It was a great morning for Aussie iron ore companies Atlas Iron Ltd [ASX:AGO], Champion Iron Ltd [ASX:CIA] and Fortescue Metals Group [ASX:FMG].