Assore up as iron ore prices climb

Comment on this story


IronOreStackers

AFP

File photo.

Shares of South African base metals producer Assore biggest gainer among South African blue chips, lifted in part by high iron ore prices.

At 11:40 SA time, its share price was 1.41 percent higher at 401.27 rand, outperforming the Top 40 index which was 0.27 percent lower.

Iron ore prices reached their highest since July as steelmakers replenish stocks in the world's top consumer, China. Assore has a 50 percent interest in Assmang Limited which produces iron ore. - Reuters


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks