Cyclone Isla has the potential to ‘disrupt’ mining-related stocks

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Cyclone Isla which currently forming North of Western Australia has the potential to “disrupt” mining-related stocks, says CommSec’s Tom Piotrowski.

“So there’s been quite a bit of movement where mining related stocks have been concerned over the last day because of what that might mean for commodity prices if there’s a disruption to iron ore movements and the likes of it – something to bear in mind,” he told Sky News Australia.

“In the US in particular it was a pretty constrained session because of the fact that in the coming session in the US we’ll see the monthly inflation figures report.”

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Will this have any affect on the millions in Royalties that Aboriginals receive from mining as they might need to ask Almo for some subsidies in the mean time

Little matter that TC Ilsa can cut a path of destruction in lives and property but good forbid mining stocks could be disrupted. TCIlsa

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