Copper price heads toward $12,000 a ton as banks predict further gains
With year-end approaching, copper on the London Metal Exchange is up nearly 40%, marking its biggest annual gain since 2009.
Gulf in cost of borrowing reflects diverging fortunes of BHP and Fortescue
A gulf of difference in the cost of financing for Fortescue (ASX:FMG) and BHP Billiton (ASX:BHP) draws into relief the diverging outlook for the two iron ore stalwarts. Business Day reports Fortescue has just revealed that its $5 billion credit...
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