Two other mining stocks have returned more than 1000 per cent over the period.
Details, news and share prices. About 45 per cent of the ASX’s 700 or so mining stocks made gains in the past year. The increase in new ASX-listed resource companies has been accompanied by an influx of providers of mining and energy industry services. The ASX 300 metals and mining chart is still trending upwards from the low in June this year and is up 25% at 3,417 points. A full list of 663 Materials Companies including Chemical, Gold, Steel & Diversified listed on the Australian Stock Exchange. The ASX Group's activities span primary and secondary market services, including capital formation and hedging, trading and price discovery (Australian Securities Exchange) central counter party risk transfer (ASX Clearing Corporation); and securities settlement for both the equities and fixed income markets (ASX Settlement Corporation). Some of these service companies appear to have the attributes required to survive. Others could struggle. King River Copper (ASX:KRC) is up 1820 per cent and Winmar Resources (ASX:WFE) has gained 1100 per cent. It is arguably harder when industry conditions are at their best to identify companies that will not make it through the tough times.
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