Thursday, June 28, 2007

Australian Mining Shares Climb, Led by BHP; Commander Communications Falls

(Bloomberg) -- Australian mining shares rose, led by
BHP Billiton Ltd. and Woodside Petroleum Ltd. after prices of
commodities such as copper and oil climbed.

``Commodity demand remains overwhelming relative to supply,
so there looks like there could be more upside for mining
companies' shares,'' said Atul Lele, who helps manage about $380
million at White Funds Management in Sydney.


Read more at Bloomberg Stocks News

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