The Australian Securities Exchange closed at 5,462.3 points today, up 16.4 points from the previous session. The gain was caused by stronger-than-expected local economic data.
Articles Tagged "australia"
Iron – Reuters reported that iron ore exports to China from Australia's Port Hedland rose to 21.34 million tonnes in February, up 36 percent from the year-ago period. In the previous month, they came to a total of 23.31 million tonnes.
Iron – Lion One Metals Ltd. (TSXV:LIO,OTCQX:LOMLF) announced the results of the initial NI 43-101 mineral resource estimate for its South Australia-based Olary iron ore project.
Gold – Bloomberg reported that in 2013, Australia's gold output climbed to 273 metric tons (MT), up 18 MT from the previous year. That is the country's highest yearly production since 2003.
Gold – Monument Mining Ltd. (TSXV:MMY) announced that via its subsidiary, Monument Murchison Pty Ltd., it has begun exploration programs at its Western Australia-based Murchison gold project.
Manganese – Australia is the second-largest producer of manganese, and though it can be challenging to operate in the country, many miners are thriving.
Manganese – Shanghai Metals Market reported that prices for Australian and South African manganese ore have sunk again.
The Australian Securities Exchange fell 6.6 points today, dropping to 5,404.8 points. However, the exchange rose 215 points, or 4.2 percent, during February as a whole.
Manganese – Shanghai Metals Market reported that in January, China imported 1.54 million metric tons (MT) of manganese ore. That's an 11-percent decline from the previous month.
Rare Earth – Mining Weekly reported that pilot-scale testwork at Northern Minerals Ltd.'s (ASX:NTU) Browns Range project, located in Australia's Northern Territory, has delivered "excellent" heavy rare earth oxide (HREO) recovery. It also confirms "two simple and robust flowsheet options."