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The Australian sharemarket edged higher again as bargain hunting in high-yielding stocks offset weakness in miners after iron ore futures tumbled.
Canadian gold miner Alacer has rebuffed a takeover bid from OceanaGold.
Gold prices are set to fall to a multi-year low as the US Federal Reserve winds back stimulus and contemplates lifting interest rates.
Economic factors have been blamed for shipments from Iron Ore Holdings' Iron Valley project in the Pilbara being pushed back.

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The death of a contractor at a Goldfields mine camp has been ruled as non-suspic ... 


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Shares in iron ore miner and steelmaker Arrium have slumped to an all-time low a ... 


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Copper prices ended lower on Thursday as weaker housing market data from China a ... 


article thumbnailChina launches new gold market

China, one of the world's biggest gold consumers, on Thursday launched a new mar ... 


article thumbnailGas find 'biggest since '60s'


Energy company AWE has claimed to have made the biggest onshore conventional gas ... 


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