Hot Penny Stocks

MINERAL sands producer Iluka shot up at the ASX today after it posted a full-year net profit that was 50 per cent above market expectations.

CHINA’S Sinopec will take a 15 per cent stake in an LNG joint venture involving Origin Energy and ConocoPhillips.

TRANSFIELD Services is confident of a significant profit turnaround in 2012 when it reaps the full benefits from its Easternwell acquisition.

TRANSFIELD forecast up to 15 per cent growth today after posting a sharp fall in half-year profit, but investors were left unimpressed.

OIL prices retreated sharply from a fresh two-and-a-half year high today, as US and other officials eased concerns about supplies.

GOLD’S rally slowed today as investors scrutinised the economic risks of an unstable Middle East and higher oil prices.

GOLD’S rally slowed today as investors scrutinised the economic risks of an unstable Middle East and higher oil prices.

NEWMONT Mining’s fourth-quarter profit jumped 46 per cent, capping a year of record-setting revenue as gold prices climbed to historic highs.

NEWMONT Mining’s fourth-quarter profit jumped 46 per cent, capping a year of record-setting revenue as gold prices climbed to historic highs.

ANDREW Forrest has issued a fresh challenge to BHP and Rio by allowing a junior miner to export iron ore using his company’s railway and port.