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Iron ore, zinc miners enjoy better margins despite fall in commodity prices

Posted on 19 September 2013

Mining industry is going through tough times on fall in commodity prices which has put pressure on their margins but iron ore and zinc miners will perform best on average while copper, metallurgical coal and gold will be most challenged, according to a new report by Wood Mackenzie.
Iron ore continues to have a very strong average industry margin of US $49/ton (52% of average price0in 2014, enabling continued large cash generation in this high volume business. This enables iron ore majors Rio Tinto, BHP Billiton and Vale to push ahead with their expansion on low cost of operations………………………………………..Full Article: Source


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