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Particularly thumped overnight was Sydney, it's 1% fall led by the miners as the decline in iron...
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Thursday, August 30, 2012, 8:25 AM ETParticularly thumped overnight was Sydney, it's 1% fall led by the miners as the decline in iron ore prices turns into a plunge, adding to concerns the country's resources boom has come to a close. Fortescue's (typically promotional) CEO Nev Porter begs to differ: "We've been selling everything we can produce," he says. Yes, but at what price? EWA -1% premarket.
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Capt. Brian
The Lost Navigator
What's your take on the iron ore miners?
I'm holding RIO.