UK 18:06 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Iron ore is hardly flavour of the month in metal markets, China’s well-ventilated economic woes having sent the price down from nearly $192 (£138) a tonne in 2011 to a recent $44 before reaching $53.210c a tonne now. But AIM dog Sable Mining Africa (SBLM) is disposing of coal and other ‘non-core’ assets to concentrate on its West African Nimba iron ore project in south-east Guinea.
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