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Iron ore lifts major miners

Solid, “no surprises” production results from the diversified majors underpinned another week of share-price rises, led by BHP Billiton (10.23%), Glencore (6.8%), Vale (7.14%), Norilsk (6.9%) and Rio Tinto (6.17%). No surprise either that iron ore continued to be a key factor in market sentiment.

Mining Journal
Iron ore lifts major miners

Fortescue Metals Group (up 9.5% last week) made it four from four for the world’s big iron ore producers, in terms of rising market value. FMG is up nearly 24% this month. Ironically – for outspoken chairman...

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