Business
Mineral Resources (ASX:MIN) share price falling despite good news
The Mineral Resources Limited (ASX: MIN) share price is falling today despite news of a maiden production. This afternoon, the mining services company announced the first iron ore production from its Wonmunna Iron Ore Mine in Western Australia’s Pilbara region.
The Mineral Resources share price is currently trading for $37.41, down 4.2% from Friday’s close.
Let’s look further into the company’s announcement.
Wonmunna Iron Ore Mine
The announcement of the mine’s maiden production comes only five months after Mineral Resources began breaking ground at the site.
Mineral Resources stated it plans for the mine to produce its approved 5…
-
Business22 hours agoWhy Auckland Airport, Australian Ethical, Breville, and Clarity shares are charging higher
-
Business23 hours agoMacquarie increases price target for Qantas shares
-
Noosa News24 hours agoHoyts Is Set to Launch Up to Five New IMAX Screens in Australia — Including at Melbourne Central Before the End of 2025
-
Noosa News22 hours agoCommonwealth Bank executive Christopher James McCann found dead in Springbrook National Park