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Australia Shares Seen Rebounding On U.s. Economic Data

* Copper prices slid on Thursday, giving up the click here! previous day's gains, as investors worried about the prospect of U.S. interest rates increasing earlier than expected and about a credit squeeze in top consumer China. * Gold prices were little changed on Thursday, helped by bargain hunting after the metal's sharp drop the previous day on comments from Federal Reserve Chair Janet Yellen that suggested U.S. interest rates could rise sooner than expected. * Roy Hill said on Friday it had secured $7.2 billion in debt for the Roy Hill iron ore mining project, completing all the funding for the giant mine in Western Australia due to start http://denmunarobdn.soup.io producing in late 2015. The 55-million-tonnes a year mine will make Roy Hill Australia's fifth largest iron ore producer, adding to a slew of new front page supply from bigger rivals Rio Tinto , BHP Billiton and Fortescue Metals Group. * Zimbabwe is considering a proposal for the construction of a platinum refinery from Impala Platinum, the world's No.
More: http://www.reuters.com/article/2014/03/20/markets-australia-stocks-idUSL3N0MH4QR20140320?feedType=RSS

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