Australian dollar rose to a record 29 year high on Thursday after  release of the Australian jobs data that were far better than were expected,Australian Dollar hit US$1.0481, climbing half a U.S. cent.

Employment rose 37,800 compared to an expected 24,000. Unemployment fell seasonally adjusted to 4.9% on a lower than expected in March by 5.0% in February, while unemployment continue to expect economists to 5.0%. The unemployment rate is now at the lowest rate since December 2008. The number of people in full-time employment rose by 32,100, while the number of people in part-time work rose to 5,700.

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Investment holding company Minmetals Resources Ltd. had unveild the big for for an Australian-listed resources company Equinox Minerals Ltd. (EQN), to gain control of Africa’s largest copper mine. Company intends to make a 6.3 billion Canadian dollar (US$6.5 billion)

The Company’s operates in three :

Key stats and ratios
Net profit margin 7.90% 3.01%
Operating margin 4.68% 3.66%
EBITD margin - 6.33%
Return on average assets 10.68% 2.10%
Return on average equity 16.38% 2.95%

Minmetals, or MMG,is a unit of state-owned China Minmetals Group, that deals 3 business segments trading, aluminum fabrication and other operations.Companies share rose 0.5 percent to HK$6.59 at 11:25 a.m. in Hong Kong trading, giving it a market value of HK$19.6 billion ($2.5 billion). Equinox gained A$1.58 to A$7.29 (C$7.30) at 1:22 p.m. in Sydney trading, the highest since June 22, 2004.

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