Iron ore price slide takes gloss off big miners
Share prices in the resources sector are down but this is a time for patience on the sidelines, rather than a buying opportunity.
Brian Robins
Updated
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There has been a steady drip-feed of bad news. First the gold price, then coal, then this week the iron ore price hit five-year lows. All have fallen steeply, taking the shares of the resource sector leaders down with them, some to multi-year lows.
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