Australian stocks are weaker at noon, hitting an eight-week low following a sharp drop in business investment. The benchmark S&P/ASX200 index dropped to its lowest point since April 5 after official figures showed a 4.7 per cent ...
Tags: Stocks, Investment
According to report, Australian miner Fortescue Metals Group Ltd opens new mine named Firetail at Solomon. It is another step to become one of Asia’s major supplier. The development of Firetail mine for the first stage costs US 3.2 ...
Tags: Fortesuce, Firetail Mine
Australian miner Fortescue Metals Group has announced that its Firetail iron ore mine, the first stage of the US$3.2 billion Solomon hub, has been officially opened, strengthening the company's position "as one of the world's leading ...
Tags: Fortescue, Iron Ore Mine
In April this year, manganese ore shipments from Australia's Port Hedland totaled 53,803 metric tons, decreasing 59.3 percent compared to March, and down 65.6 percent compared to the same month of 2012, according to the monthly data ...
Tags: Manganese Ore, Mineral
In April of the current year, iron ore shipments from Australia's Port Hedland increased by 4.4 percent compared to March and were up 63.75 percent year on year, totaling 26 million metric tons. According to the information released by ...
Australia's third-biggest iron ore producer Fortescue Metals Group Ltd (Fortescue) has announced its operating results for the first quarter of 2013. Fortescue said in its statement that its total iron ore shipments during the March ...
Tags: Fortescue, Improved Iron Ore
In March this year, manganese ore shipments from Australia's Port Hedland totaled 132,250 metric tons, decreasing 3.6 percent compared to February, and up 26.85 percent compared to the same month of 2012, according to the monthly data ...
Tags: Manganese Ore Exports, Mineral
In March of the current year, iron ore shipments from Australia's Port Hedland increased by 25.2 percent compared to February and were down 6.9 percent year on year, totaling 25 million metric tons. According to the information released ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Neville Power, CEO of Australia's third-largest iron ore producer Fortescue Metals Group, stated at the 2013 Boao Forum that the company is studying the feasibility of an initial public offering in Shanghai or Hong Kong for Hong Kong-based ...
Tags: Fortescue Mulls, JV Project, Baosteel
Neville Power, CEO of Australia's third-largest iron ore producer Fortescue Metals Group, stated at the 2013 Boao Forum that the company is studying the feasibility of an initial public offering in Shanghai or Hong Kong for Hong Kong-based ...
Tags: Fortescue Mulls, JV Project, Baosteel
The S&P/ASX200 has fallen 0.3 per cent to 4899.6 after hitting a fresh two-month low of 4893.8 in mixed trading before tonight's US jobs data. Materials and industrials stocks have recovered at the expense of defensive and high-yield ...
Tags: Local Stocks, Service, economy
The prospects for Australia's biggest commodities export continue to worsen in the eyes of forecasters, with the federal government's forecaster wiping $66 billion from expected iron ore export revenue out to 2016-17 and leading global ...
Tags: iron ore export revenue, sharemarket, share
The sharemarket closed down more than 1 per cent after better-than-expected jobs data lowered the chance of another interest rate cut. At the close today, the benchmark S&P/ASX200 index was down 60.2 points, or 1.18 per cent, at 5032.2 ...
Tags: sharemarket, Stocks, benchmark
Australia-based Fortescue Metals Group has announced that it has increased the resource estimate for its Nyidinghu iron ore project located in the Chichester Hub in the Pilbara region of Western Australia to 2.46 billion mt, adding 450 ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Shares in Commonwealth Bank soared above $70 to a new record yesterday as the local stocks hit a 4 1/2-year high after encouraging US non-farm payrolls data suggested the world's biggest economy was recovering. Strength in defensive and ...
Tags: Shares, stocks, sharemarket