For sure..
"Another 5 per cent rally in the iron ore price late on Friday night capped a rare good week for the local industry, and pushed the benchmark price to $US57.81"
At least least four Australian miners are cash-generative at current iron ore prices, thanks to a 23 per cent rise in the bulk commodity price over the past three weeks.
Read on:
http://commoditiesaustralia.blogspot.com.au/2015/04/iron-ore-revival-puts-local-miners-back.html
Thinking positive, i know it wont help the logistics of the AGO operation but compared to this time 2 weeks ago i have more confidence i didnt just lose a bunch of my very hard earned money!
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For sure.. "Another 5 per cent rally in the iron ore price late...
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