Sunday, May 27, 2007

Australian Mining Stocks Rise, Led by BHP Billiton; James Hardie Declines

(Bloomberg) -- Australian mining stocks rose, led by
BHP Billiton Ltd. and Rio Tinto Group after prices of metals
including copper and zinc gained, and amid speculation of mergers
and acquisitions in the mining industry.

James Hardie Industries NV declined after fourth-quarter
earnings fell as rising costs crimped profit margins in its home
market of Australia.


Read more at Bloomberg Stocks News

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