THE Australian sharemarket closed higher, boosted by mining stocks after the release of a bumper trade report in China. IG Markets analyst Stan Shamu said the local bourse narrowly missed posting a fresh four-year high, despite a late ...
In February this year, manganese ore shipments from Australia's Port Hedland totaled 137,135 metric tons, decreasing 32.2 percent compared to January, and down 45.1 percent compared to the same month of 2012, according to the monthly data ...
Tags: Ore Exports, Port Hedland, Metallurgy
In Febuary of the current year, iron ore shipments from Australia's Port Hedland decreased by 9.9 percent compared to January and were up 1.65 percent year on year, totaling 20 million metric tons. According to the information released by ...
Australian stocks were lower early today after below-view Chinese manufacturing data, while Japanese shares took pause at the end of a violent week of trading. Chinese manufacturing data was the main data point today, with the official ...
Tags: sharemarket, shares, US dollar
Australia's three major iron ore ports were shut down on Monday, February 25, as the tropical cyclone Rusty was closing in on the coast of Western Australia, according to media reports. With rough sea conditions forcing suspension of ship ...
Tags: iron ore ports, iron ore, iron, ore
Australian iron ore miner Fortescue Metals Group has announced its financial results for the half year ended on December 31 of the 2012-13 financial year. In the given period, Fortescue's net profit decreased by 40 percent year on year to ...
Tags: net profit, iron ore prices, iron ore miner
The sharemarket has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close today, the benchmark S&P/ASX 200 index had risen 16.8 points, or 0.33 per cent, to 5098.7 points, while the broader ...
Tags: sharemarket, financial stocks, big miners
Australia’s Fortescue Metals Group, the world’s No.4 iron ore producer ranks behind Rio Tinto, Vale and BHP Billiton, reported 40% profit fall in first-half. Iron ore price fell sharply and costs rose as it ramped up ...
Tags: iron ore producer, iron ore, Iron ore price
In January this year, manganese ore shipments from Australia's Port Hedland totaled 202,195 metric tons, increasing 65.7 percent compared to December 2012, and up significantly compared to the 15,000 mt recorded in the same month of 2012, ...
Tags: ore exports, ore shipments, ore
In January of the current year, iron ore shipments from Australia's Port Hedland decreased by 15 percent compared to December last year and were up 27 percent year on year, totaling 22 million metric tons. The Port Hedland Port Authority ...
Australian mining giant Fortescue Metals Group Ltd has announced that it has agreed with Australia-based company Iron Ore Holdings Limited (IOH) to the early termination of Fortescue's exclusive option to develop IOH's Iron Valley deposit. ...
Tags: Iron Valley, mining giant, mining
Australia's third-biggest iron ore producer Fortescue Metals Group Ltd (Fortescue) has announced its operating results for the fourth quarter of 2012. Fortescue said in its statement that its total iron ore shipments during the December ...
Tags: iron ore shipments, iron ore, Metals Group
Australia-based miner Fortescue Metals Group has announced that it has awarded Australian contract mining and construction company Macmahon Holdings Ltd the mining services contract for the expansion of its Christmas Creek mine in the ...
Tags: miner, mining, mining services
The Australian sharemarket has closed flat as investors gave a muted response to the Bank of Japan's plan for a more expansionary 2 per cent inflation target. At 4.15pm AEDT today, the benchmark S&P/ASX 200 index was up 1.6 points, or ...
Tags: stocks, Australian sharemarket, share price
AAP reported that Fortescue Metals Group shares are heading towards a 6 month high after breaking through USD 5 amid global optimism and an increase in the iron ore price. The Pilbara focused iron ore miner closed 2.4% higher at USD ...
Tags: Fortescue Metals Group, shares, iron ore price, company news