Monday 27 July 2015

Otmane El Rhazi : Atlas shares fall 70% as trading resumes

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

The share price of iron-ore miner Atlas Iron tumbled nearly 70% on Monday as the company resumed share trading after more than three months. Atlas in April suspended share trading shortly before announcing the suspension of its operations in the Pilbara, as the iron-ore price crashed and operations became uneconomical.

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