METAL DETECTIVE

WA Iron Ore: What Sovereign Risk?

THE Gillard Government’s Minerals Resource Rent Tax is meant to be scaring away offshore mining investors. You’d never know it from the $A880 million worth of iron ore deals struck last week. <b><i>The Metal Detective</i> by Stephen Bell</b>

Stephen Bell

There is no shortage of risks for investors at present: rising costs, new taxes, the Euro debt crisis and a dodgy share market to name a few. Bell Potter’s Charlie Aitken says: “In my 20 years in markets,...

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