Iron ore, gold miners drag shares lower
Tom Richardson
A dramatic reversal in iron ore prices sent market darling Fortescue Metals to the dog house on Friday as it traded for $15.80, just above a 52-week low of $15.62.
Other iron ore heavyweights BHP Billiton, Rio Tinto, and Mineral Resources tumbled as iron ore shed 8 per cent to $US107 per tonne. South32 is off 4.9 per cent.
Gold miners are also being marked down as the precious metal fell overnight.
- Forums
- ASX - General
- Its Over
Iron ore, gold miners drag shares lower Tom Richardson A...
- There are more pages in this discussion • 11,162 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online