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.
Fortescue Metals expands into oil and gas
Pure iron ore player Fortescue Metals Group (ASX:FMG) has decided to diversify its portfolio of operations by expanding into Australia's oil and gas sectors. In a statement released yesterday Western Australia's Oil Basins (ASX:BL) said that Fortescue Metals will obtain...
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