#Australia’s tiny miners rise from the ashes of the bust
From #Gold to #Graphite to #Zinc to #Lithium, #Australia’s army of “penny dreadful” stocks is rising from the ashes of the mining bust and growing at rates that majors like #BHP #Billiton and #RioTinto can only wish for.
Micro miners are posting double or even triple-digit gains, buoyed by a belief that metals prices have bottomed, while companies that managed to come through the downturn are being aided by cheaper labor and operating costs.
Read more at: http://www.reuters.com/article/us-australia-mining-small-idUSKCN10E03O
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