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Banks have cautious outlook for miners

DESPITE a 34% share price fall over the past two months titanium minerals and zircon miner Iluka Resources has earned a buy tip from two top-line investment banks in their latest otherwise cautious industry-wide research reports.

Iluka's Gangama processing plant in Sierra Leone

Iluka's Gangama processing plant in Sierra Leone

Apart from playing down Iluka's sharp share-price decline what makes the views of Morgan Stanley and Macquarie Bank quite interesting is that the sands miner is one of the few stocks that both banks believe...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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