Iron ore prices

KGI initiates coverage on Civmec with ‘outperform’, TP 86 cents, after stellar 9M results - THE EDGE SINGAPORE

Broker's Calls

KGI initiates coverage on Civmec with ‘outperform’, TP 86 cents, after stellar 9M results

Civmec’s top and bottom lines in 9MFY2021 had exceeded its FY2020 results, KGI highlights.

IPO

Southern Alliance Mining first to list amid Covid-19 outbreak

The Southeast Asian initial public offering (IPO) market got off to a good start in the first quarter of this year. There were 31 deals, up 63% y-o-y, and with a total of US$3 billion ($4.2 billion) raised, a whopping 885% increase from 1Q2019.

Commodities

Iron ore prices to remain high this year: Cynthia Carroll

SINGAPORE (May 9): Prices of iron ore are expected to remain higher this year, off the back of the January mining tragedy in Brazil, which saw over 200 people dead when an iron ore dam suffered a failure.
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