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Samantha Goerling Senior Presenter and Markets Reporter [email protected] 10 March 2021 11:20 . Greensill, a supply chain financing company run by Australian Lex Greensill, is the primary funding channel for GFG Alliance, which owns South Australia’s Whyalla Steelworks. Moody’s Investors Service has warned that delinquencies on auto loan asset-backed securities will increase in Australia because of what it sees as a patchy economic recovery. As of March 8, 2021, the largest shareholder of fully paid ordinary GEN shares was Ndovu Capital with a holding of more than 248 million units, and seventh largest was Azure Capital Investments with six million shares. What about iron ore? Funds from the IPO will enable the company to complete a preliminary feasibility study and infill drilling at Baniaka, as well as further exploration at its other two projects. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company … Follow updates here. Iron ore is forecast to be the first Australian commodity to hit $100 billion in export earnings in a year, with ASX 200 miners like BHP Group Ltd (ASX: BHP) set to benefit. The drop in iron ore prices weighted on miners’ stock. Gabon-focussed iron ore company Genmin (ASX:GEN) lists on ASX Materials. Shares in the by now, pay later company rose despite news that PayPal, the US payments company, would offer a rival service in Australia. Three of the five top performers for the day were gold miners with Ramelius Resources leading the market with a 9.8 per cent gain. MGX MOUNT GIBSON IRON LIMITED 207.3 Steel Australia EVR ENDEAVOUR MINING CORPORATION 200.4 Gold Cayman Islands ATU ATRUM COAL NL 187.2 Steel Australia Nearby to Baniaka, and the Trans-Gabon railway from Franceville to the capital and port city of Libreville is Bakoumba, an advanced-stage exploration project with drill-ready targets. Help using this website - Accessibility statement, Sean Turnell’s wife speaks out about his detention in Myanmar, Roy Woodall’s mining talent was nation’s greatest resource, UK strain is far more deadly than other variants: study, ASX falls 0.8 per cent; Afterpay rebounds; Iron ore price drops, ASX to rise, Nasdaq leaps 4pc as techs rally, ASX drops 0.8pc, while Afterpay rallies despite new ASIC scrutiny, GameStop prompts US to consider new rules for options, shorts, Melbourne chef reveals restaurant recipe for must-have cheese dish, ‘Like their firstborn’: Car makers obsess over detail for the top 1pc, What business leaders learnt from the pandemic, Just four ASX20 companies near 50pc women in management, Thick-skinned Moult works to change Yancoal’s stripes, Wide open spaces: al fresco events are the new way to travel, For this Rich Lister, hanging around has been a game-changer, Leadership shake-up at Rinehart’s Roy Hill mine, Rich Lister Ellison backs African iron ore play. The Fortesque Metals Group Limited ( ASX: FMG ) share price also hit an all-time high of $22.95 per share, but has since pulled back slightly. 0. Financials were one of the poor performers of the day with all big four banks falling. “ABS delinquencies will continue to increase in Australia given the uneven economic recovery across the country, high unemployment and the end of government and lender support measures,” said Kan Leung, a Moody’s senior analyst in a report published today. Some of the Australian mining industry’s biggest names have paid tribute to one of the nation’s most successful geologists. Fortescue Metals rose 13.3 per cent to a new record high close of $20.65 and BHP added 4.9 per cent to finish at an 18-month high $41.25. BHP shares lost 2.8 per cent. Details, news and share prices. MAGNUM MINING & EXPLORATION (ASX:MGU) Canadian institutional investor First Growth Funds now owns 5.3 per cent of this up-and-coming iron ore play. Offshore investors accounted for $6.15 billion or 63.4 per cent of Australian office transaction volumes by value in 2020, the highest proportion on record.

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