Brambles Trading Well

Ahead of next Monday’s AGM in Sydney, Brambles (BXB) told the market yesterday that sales revenue from its pallet pooling-solutions operations rose 7% to $US1.312 billion in the first quarter due in part to its acquisition of container company Pallecon late last year.

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Fate Catches Up With Oz Minerals In New Downgrade

On balance, it was probably only a matter of time before Oz Minerals (OZL) finally revealed some bad news in a quarterly production and exploration update this year. There’s been enough hints so far in 2013 that not all was right at the miner in a succession of statements, from previous quarterly reports to the AGM and then to the half year earnings release.

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Mirabela Priced To Fail By Investors

Despite owning one of the world’s biggest open cut nickel mines in Brazil, Mirabela Nickel (MBN) is struggling to remain afloat as it faces the loss of a major customer and has cash draining out of the business daily, while the company’s share price has plunged to new lows where it is pricing the company as a bust about to happen.

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