Shares of listed services company, Spotless Group Holdings Ltd [ASX:SPO] gained more than 48% today, as engineering and infrastructure management company, Downer EDI Ltd [ASX:DOW] made a takeover bid for Spotless.
Shares of Australia’s third largest iron ore producer, Fortescue Metals Group Ltd [ASX:FMG], slumped 3.7% today; BHP Billiton Ltd [ASX:BHP] fell more than 3%; and Rio Tinto Ltd [ASX:RIO] took a beating, down by 2.2%
Shares of Fortescue Metals Group Ltd [ASX:FMG] soared more than 2.7% today as the iron ore price and steel futures in China continued to rise, and expectations increased that Fortescue may pay a higher-than-expected dividend this year.
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After eight years in the doldrums…a growing chorus of growth hungry investors have shaken off ‘mining bust’ fears and have begun to pile back into mining stocks.
And they’ve racked up gains like 395%, 746%, 900%…even 4,030% from a handful of fast-rising Aussie miners.
Resources expert Jason Stevenson says this is only the start. You’ll see more huge gains emerge from a select group of mining stocks over the next 12 months. And he’s compiled a list of the top ten mining stocks that could help you collect three and four digit gains in 2017 and beyond.
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