Iron ore stocks on the ASX have been buoyed by the recent increase in the price of the commodity,which reached its highest level since July.The broader Australian market made small gains across the day as investor sentiment rose on ongoing ...
LOCAL shares rose for the third straight day today, hitting a fresh 17-month high as investors sought defensive and higher-yielding stocks as concern grew over the fate of US negotiations on the so-called fiscal cliff. The benchmark ...
The West Australian reported that Fortescue Metals Group is considering selling a small interest in its rail and port infrastructure. Mr Nev Power CEO of Fortescue Metals Group said that the company was in negotiations with potential ...
Tags: Fmg Closer, Construction, Rail, Port Infrastructure
Fortescue Metals Group Ltd recently received the total net proceeds of AUD 190 million from BC Iron Ltd in relation to the sale of a 25%interest in the Nullagine Iron Ore JV. Effective from 1st January 2013,Fortescue will hold a ...
Tags: Fortescue Metals, total net proceeds, Nullagine Iron Ore JV
Business Spectator reported that Fortescue Metals Group Ltd has upgraded the size of the resource deposit at its Iron Bridge project in Western Australia's Pilbara. In a statement to the Australian Securities Exchange, Fortescue said the ...
Tags: FMG, Business Spectator, resource deposit, Iron Bridge project
The West Australian reported that BC Iron surged more than 9% after the iron ore miner raised USD 47 million in a placement at a premium as part of a deal with Fortescue Metals Group to take a bigger stake in its Nullagine JV project. BC ...
Tags: BC Iron, iron, steel, metel market
The West Australian reported that the Hamersley Ranges are the centre of the Pilbara's iron ore wealth and the foundation of the success of both BHP Billiton and Rio Tinto. So for Fortescue Metals Group founder Mr Andrew Forrest launch of ...
Tags: iron ore price news, jobs in mining, mining, mining coal news
Fortescue Metals Group Ltd has reached an agreement with BC Iron Ltd in relation to the Nullagine Iron Ore Joint Venture including a 25%partial divestment of Fortescue's interest for total net proceeds of AUD 190 million. Fortescue and BC ...
Tags: Fortescue Metals Group, BC Iron, Nullagine, agreement
According to The Australian, Mr Andrew Forrest chairman of Fortescue Metals Group Ltd chairman has begun charting a path to recovery for the company after it put a series of projects on hold three months ago due to sharply declining ...
Tags: FMG, Fortescue Metals Group, iron ore price, iron ore