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Ms Gina Rinehart criticizes royalty rebate to junior iron ore miners

Mining magnate Ms Gina Rinehart’s criticises of the Mr Barnett government’s assistance scheme for junior miners has failed to stop Mr Ian Macfarlane, Industry Minister, encouraging more state governments to explore mining royalty rebate schemes. Ms Rinehart made her comments ...

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Australian iron ore miners should steel themselves for falling demand

Australian miners are reeling from downgrades by a major broker and bearish outlooks for steel and iron ore. The raw materials sector, which accounts for around 16% of the market capitalisation of the ASX 200, was taking about 9 points ...

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Iron ore miners feast in last 10 days to be short lived under supply deluge

Current change in trajectory in iron ore market has brought a sigh of relief to the miners. Market expectedly rallied from USD 90 per tonne levels to gain 6%. Current price level for Fe 63.5/63% is USD 95 per tonne. ...

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