Iron ore rally boosts miners

The four-month rally in iron ore stocks shows no sign of abating, with some miners hitting their highest share prices in more than a year this week.

Shares in BHP Billiton and Rio Tinto were on Monday fetching their highest prices since February and March respectively, while Fortescue Metals Group has not been this valuable since May 2012.

Read more: http://www.smh.com.au/business/iron-ore-rally-boosts-miners-20131105-2wzga.html#ixzz2jsM0FFAS

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