Australian mining shares ease after iron ore prices fall in China

PUBLISHED : Thursday, 30 August, 2012, 10:47am
UPDATED : Thursday, 30 August, 2012, 11:02am


Shares in some of Australia's biggest iron ore producers fell in reaction to declining iron ore prices in China, which has underpinned a boom in the Australian mining sector. Fortescue Mining was down 3.3 per cent in late morning trade at A$3.53, BHP Billiton was off 2.2 per cent at A$32.03 and Rio Tinto was down 3.8 per cent at A$48.63.


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