27.09.2011 - Miners look to the long term after heavy losses in commodity market

An exodus from commodity markets has led to heavy losses for Australian mining companies in the past week. But although the sector's near-term outlook remains uncertain, there could be some reason for optimism in the longer term. Miners are sitting on steep losses so far this month, with iron ore producer Fortescue Metals Group down 24 per cent, Rio Tinto falling 17 per cent and BHP Billiton down 14.6 per cent..............................................Full Article: Source

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