end of mining boom, page-8

  1. trashcansinatra
    10,895 Posts.
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    01/09/12
    17:52
    Post #: 10657655
    Big drop in Iron Ore prices. FMG now marginal producer. %23 drop last month or so.

    LNG on the NWShelf now less attractive than East Africa.

    Gladstone No.3 Train now in doubt.

    RIO Profit predicted to decline by 60%. BHP same.

    Ummmm, is this good for property? House prices to rise or not?

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