Despite China slowdown, Australia miners bet on Africa

PERTH – Australian miners are betting that Africa will be the next frontier for iron-ore, as they look beyond a fall this week in the price of the steel-making ingredient to its lowest level in nearly three years, battered by cooling Chinese demand.

http://www.miningweekly.com/article/despite-china-slowdown-australia-miners-bet-on-africa-2012-08-31?goback=%2Egde_1999014_member_158250035

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