Company
ASX:ILU
Iluka Resources Limited (Iluka) is engaged in the exploration, mining, concentration and separation of mineral sands, production of ilmenite, rutile, synthetic rutile and other titaniferous concentrates, zircon and coal. Iluka has mining and processing operations in Western Australia, the Murray Basin (in Victoria) and Virginia, and conducts exploration activities in Australia and internationally. Iluka holds a 51.04% interest in CRL Ltd, a Queensland-based mineral sands company. As of December 31, 2007, the Company’s projects include Murray Basin Stage 2, Victoria/New South Wales; Jacinth-Ambrosia, Eucla Basin, South Australia; Cataby, Western Australia; Waroona, Western Australia, and Cloverdale, Western Australia. On January 15, 2008, the Company disposed of its interest in the Narama Coal joint venture.
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Large cap. Aussie resource stocks roared back into favour today, with 19 of the top 20 by market capitalisation higher in afternoon trade. The rally is across the ASX, with the broader index the All Ordinaries up 52 points to 4575.
Some large cap. resource stocks are starting to rally after the sustained sell-off over the last month, with 7 of the top 20 by market capitalisation trading higher in afternoon trade today, as the broader All Ordinaries adds 16 points to 4
Large cap. resource stocks were mixed today, with ten trading higher and the other ten lower. The bolter was Paladin Energy which jumped over 10%, as investors consider the stock oversold in the wake of the re-rating after the Japanese tsun
A week is a long time in the equity markets, and suddenly major Australian resource stocks are back in fashion. Today 17 of the top 20 resources stocks by market cap. traded higher, as investors eye bargains after a two month down trend.
Major Australian resource stocks fell afoul of the investment community today, with just two of the top 20 by market capitalisation finishing the day green. The All Ordinaries lost almost 1% to close at 4512, ignoring the small Wall Street
Investors dumped major resource stocks in a selling frenzy, with only one of the top 20 resource stocks by market cap. closing the day in the green. The broader market suffered as bad, with the All Ordinaries off two per cent.
Major Australian resource stocks were sold off today, with only five of the top 20 stocks by market capitalisation ending the day higher. Across the broader market, the All Ordinaries closed 14 points lower at 4638.
Major Australian resource stocks were generally weaker today, with only seven of the top 20 stocks by market capitalisation ending the day higher. Industrials helped prop up the market, with the All Ordinaries adding 14 points to 4649.
Major Australian resource stocks roared back into the green today with 16 of the top 20 by market cap. trading higher, as investors re-enter the market to buy resource companies after the recent sell-off.
