Ord's Arden Interview on Australian Resource Stocks

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April 26 (Bloomberg) -- Peter Arden, a Melbourne-based senior mining analyst at Ord Minnett Ltd., talks with Bloomberg's Melissa Long about his strategy for Australian resource stocks. Reserve Bank of Australia Governor Glenn Stevens said on April 23 the central bank's task is to manage a "new economic upswing". Separately, concern that Australia’s mining boom will stoke inflation was a key reason the central bank raised borrowing costs on April 6 toward "more normal levels" and signaled further moves in 2010, policy makers said, according to minutes released last week. (Source: Bloomberg)


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