CAPITAL MARKETS

Iluka's profit guidance up on weaker $A

ILUKA Resources says the weaker Australian dollar, higher second half zircon prices, and strong sales have boosted the company’s full year net profit guidance, with investors welcoming the news.

MiningNews.Net

Iluka's profit guidance up on weaker $A

The Perth-based company’s share price today jumped A26c (7%) to an intraday high of $3.95 after it announced an increase in its net profit forecast for 2008 from a previously flagged $A10-20 million to...

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