- Barrons.com•8 minutes ago
Iron ore prices slipped nearly 8% last week, AB notes in its weekly missive, and today shares of metals producers are taking a big tumble. Bernstein’s Paul Gait, Marion de Floris and Jonathan Absolon review what happened last week: “The commodities/mining weekly see-saw continued last week, as the majority of our stocks closed down 3-5% on concerns over U.S. infrastructure spending and Chinese credit following the strong rally the previous week. The standout, however, was Ivanhoe, which was up 10.1% on the week at the time of writing having announced exciting new drill results from the DRC earlier in the week.
- Reuters - UK Focus•8 hours ago
Britain's top share index hit a one-month low after the failure of U.S. President Donald Trump to push his healthcare reforms through Congress hit mining shares and Babcock fell after exiting a contract. The blue chip FTSE 100 index closed down 0.6 percent at 7,293.50 points, slightly underperforming the broader negative European market.
- Reuters•8 hours ago
Dominion Diamond Corp , the target of an unsolicited $1.1 billion approach by U.S. billionaire Dennis Washington, said on Monday that it will launch a formal sales process for the company, boosting the company's share price. The stock rose 3.4 percent on market speculation that global miners including Rio Tinto and Anglo American's De Beers unit may now enter the fray and make a bid for Dominion, the world's third-largest diamond producer by value. Neither Rio, which is a partner of Dominion's in the Diavik mine in northern Canada with a 60 percent stake, nor Anglo, immediately responded to a request for comment.
BLT.L: Summary for BHP BILLITON PLC ORD $0.50 - Yahoo Finance
BHP Billiton plc (BLT.L)
LSE - LSE Delayed price. Currency in GBp
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|Bid||1,175.00 x 126000|
|Ask||1,245.00 x 50000|
|Day's range||1,185.00 - 1,230.57|
|52-week range||714.70 - 1,518.50|
|PE ratio (TTM)||25.69|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|