Mining

Top 3 Winners of the ASX for This Week


BlueScope Steel (BSL), a renowned investor in the steel industry that concentrates in Europe, North America and Asia Pacific was the best performer of the 8th week in ASX100 with a gain of 10.3 percent or 25 cents closing the week at $2.67.

Yanzhou Ready to Pay A$3 Billion for Felix Resources


There is a takeover talk of Felix Resources (FLX) by Yanzhou Coal Mining Co. for about A$3 billion or US$ 1.9 billion. It is said that, executive of Yanzhou have visited Felix's Ashton coal mine in New South Wales this week to review its accounts. As a result of this, the share price of Felix Resources Ltd. has gone up by 44% on Friday.

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