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Mixed week for mining giants

Shares of the largest mining companies by capitalisation were mixed in the past week, with a few seeing marginal gains and the rest moving lower on bearish commodity price moves.

Mixed week for mining giants Mixed week for mining giants Mixed week for mining giants Mixed week for mining giants Mixed week for mining giants

Weaker iron ore prices weighed on the big miners

The aluminium price rose 4.2% last week to US$2,154 per tonne, with zinc and lead also rising 2.5% and 6.7%, week-on-week, to $3,117/t and $2,472/t respectively.

These were the exceptions,...