Key News Overnight:
Emerging-market stocks and currencies rebounded from two weeks of losses as U.S. dollar weakness and China’s vow to keep supporting its economy overcame concern about the global growth outlook;
President Donald Trump issued his first veto Friday, rejecting Congress’s effort to cancel his declaration of a national emergency to pay for a wall on the U.S.-Mexico border, a centrepiece of his 2016 campaign;
A Brazilian court ordered Vale SA to halt production at another of its iron ore mines, further reducing the company’s output capacity after a deadly dam burst increased government scrutiny over its operations;
The global iron ore price, which now sits more than 35% above some forecasts from just two months ago, at about $84USD, is tipped to swell the dividends paid to shareholders when they next distribute profits;
Gold is returning to the market spotlight as more investors start to seek safe haven assets due to slowing global economic growth and a weaker US dollar;
In This Issue:
GR Engineering (GNG) | Appointed Mardie Lead Engineer | HOLD | Analyst | Ian Christie
Salt Lake Potash (SO4) | SO4 Initial Resource Estimate at Lake Way | SPEC BUY | Analyst | Michael Eidne
St George Mining (SGQ) | Stepping out at Mt Alexander | SPEC BUY | Analyst | Matthew Keane
Pilbara Resources (PLS) | Going downstream with POSCO | Not covered | No rating
Recent Research:
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