Pluton Resources’ Irvine Island Iron Ore Grades Receive Boost With CSIRO Tests Testing of Irvine Island bulk magnetite samples by the CSIRO has boosted the stocks of Pluton Resources (ASX: PLV) as it managed to produce high grade concentrates with low impurities through beneficiation. The market liked the results from the potentially iron ore rich [...]
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World markets Chinese stocks helped drive the main index of Asia-Pacific stocks (excluding Japan) to an 11 month high, as two surveys showed accelerating Chinese factory output growth. Car and tyre makers were among the biggest winners, after the US Government announced increased funding for its "cash for clunkers" program to encourage households to trade [...]
After commodity prices resume their tumble and overseas markets dive, Australian shares were sharply lower at noon, erasing all of November’s early gains.”We’re seeing financials, resources and listed property trusts weaker,” he said. “I think the onl…