Resource and Mining Stocks
Resource and Mining Stocks
Loading of iron ore on very big dump-body truck
Will the Iron Ore Price Stay above US$60?
Will the Iron Ore Price Stay above US$60?
Loading of iron ore on very big dump-body truckThe iron ore price soared on Monday. The metal jumped by 3.6%, trading above US$60 a tonne. Last night, iron ore experienced another small rally, up 4.1% to US$62.85. Yesterday’s rally gives iron ore a 44% gain for the year.
Why Arrium Won’t be the Last Aussie Steelmaker to Shut Shop
Why Arrium Won’t be the Last Aussie Steelmaker to Shut Shop
Bluescope steelChina’s excess steel production should be a worry for all first world steel production plants. It makes it that much harder for them to compete. But it doesn’t look like improving anytime soon. Given the strategic nature of steel making, I smell a trade war coming on…
Why I’m Not Tipping Lithium Stocks
Why I’m Not Tipping Lithium Stocks
ImpressionI’ve been swamped by readers questioning why I’m not tipping any lithium stocks. If you’re unaware, there are a couple of junior lithium miners on the ASX that have shot up several hundred percent in the last six months.