CAPITAL MARKETS

Commodity rises drive investors to miners

THE S&P/ASX200 closed up 1.1%, setting a record high, during an upbeat trading session, during a day that saw big price rises in Australia’s key export commodities in thermal coal and iron ore, and better than expected GDP growth.

 The market is close to a 12-month high

The market is close to a 12-month high

The good news saw the mining segment up more than 2%. Thermal coal prices are now at levels not seen for some three years, and that fed into share price spikes for Coronado Global Resources, Whitehaven...

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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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