Resources prospects still bright

Stronger demand and lower price volatility augurs well for our largest miners.

Major resource stocks have underperformed the market so far this year, with falls for some of the major stocks (such as BHP Billiton, Rio Tinto and Fortescue) up to 8-9%. Not that the All Ordinaries has had a great run mind you, although gains are still there (1.7% so far).


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