14th Nov 2013, CommSec Insight: Iron ore prices help key Aussie miners. CommSec's Juliana Roadley speaks with Andrew Hines, CBA's Executive Director Natural Resources Research about his view on commodity prices and its impact on key mining stocks. · Iron ore price can be sustained at current levels- backed up by Andrew's latest trip to China. · Iron ore stocks already taking advantage of higher prices · Andrew's Outlook for major diversified miners - good time for the larger miners as CAPEX plans fall and balance sheets improve.
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Who says miners can't be yield stocks, BC Iron looking like it will pay 15% fully franked this year and sitting on a pile of cash. My concern with this one is that the mine life is relatively short compared to the majors. Is this why the yield is so high?