Newcrest Mining Ltd [ASX:NCM] dropped 6.4% to a low a $23.53 this morning. The stock is still up close to 17% year-to-date. But, has the gold miner taken a turn for the worse?
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] 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.