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21 Aug
01:00

Mineral Resources stays in profit in FY2015, but only just

Western Australian iron ore miner Mineral Resources Limited (MRL) has bucked the trend seen by most of its fellow mining juniors and produced a net profit after tax in its 2015 financial year ending 30 June. It was not however shielded from the economic realities of the global iron ore price slide and most major financial indicators showed heavy year-on-year falls, Kallanish notes from MRL’s operating statement. The miner recorded an after tax profit o…
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