The COB from ausbiz

Mineral & mining stocks anything but in the ground


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The S&P/ASX200 closed lower on Wednesday, dropping 15 points or 0.2% to 7,419, the local index sliding to a five-day low after lunch, tracing iron ore futures and the broader commodities sector. Bluescope Steel (BSL) fell back 6.2% and Orocobre (ORE) stepped back 4.6%. Back in the good books, the National Australia Bank (NAB) up 4.2% after some of our favourite brokers tweaked NAB's target price ever so gently on the back of Tuesday's full-year.

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