Company
Fortescue Ltd
ASX:FMG
Fortescue Ltd is one of the world's leading producers of iron ore from its operations in Pilbara, Western Australia. The company has also developing and acquiring green energy technologies and projects, which will help the world step beyond fossil fuels.
145 stories · page 1 of 2
Archive
Fuller Treacy Comment of the Day - Australia Pledges $1.4 Billion in Bid to Be Hydrogen Superpower, and more...
Comment of the Day10th May 2023Eoin TreacyMay 11Video commentary for May 10th 2023A link to today's video commentary is posted in the Subscriber's Area.Some of the topics discussed include: Australia banks weak on fight monetary and fiscal
Fortescue Metals says it will buy Williams Formula One battery company
The company is owned by billionaire Andrew Forrest
Iron ore prices hit seven year highs as Chinese economy comes roaring back
Iron ore is a critical ingredient in the manufacture of steel
S&P/ASX 200 falls 0.82% as Australia's unemployment rate recovers to 6.8% in August
Oil prices jumped more than 4% to $42.22 a barrel on Wednesday as Hurricane Sally forced multiple US offshore production units to shut.
Fortescue Metals shares gunning for all-time highs
Fortescue’s all-time high was $13.15 in June 2008 and the stock has traded as high as $12.81 today.
S&P/ASX 200 trading at all-time highs around 6,920
S&P 500 Index closed up 0.67% while the Nasdaq Composite closed up 0.81% with both indices hitting all-time highs.
K2fly caps off strong growth in FY19 with a record June quarter
Positively, invoices raised in FY19 were up about 62% compared with FY18.
K2fly continues revenue growth recording largest month to date
The company sells its own software, resells third party’s software, and provides experienced consultants to clients using the software.
Tasman Resources signs farm-in and joint venture agreement with FMG Resources
The Perth-based company is focused on exploration projects covering large tenement holdings in South Australia.
Tempus Resources enters the stage in highly prospective Ecuador
The Zamora Projects provide high-quality early-stage gold exploration prospects close to Lundin Gold's Fruta del Norte.
Fe Limited holds DRC and Bryah Basin battery metals assets and is picking up Pilbara ground
FEL is acquiring lithium projects near Fortescue Metals Group discoveries in the Pilbara region of WA.
Investments and investor services
S&P/ASX 200 opens flat but loses 0.8% over the morning session
Yesterday’s seventh consecutive positive session for the ASX 200 looks to have been the last.
S&P/ASX 200 records sixth straight session of gains
The focus is now on the federal budget which will be announced at 7.30 pm AEDT.
S&P/ASX 200 marks the fifth consecutive day of gains
Fortescue Metals Group set another 10-year high, gaining 4.5% to $7.43.
S&P/ASX 200 marks the best first three months to the year since 1991
The major iron ore miners closed the week higher with some modest gains.
Fe Limited confirms receipt of commitments for $400,000 share placement
The company is acquiring two highly prospective lithium projects in the Pilbara region.
Investments and investor services
S&P/ASX 200 breaks through 6,200 early and then fades lower
S&P 500 Index was up 0.36% and the Nasdaq Composite was up 0.34% last night.
S&P/ASX 200 back in positive territory after late gains from banks and miners
Macquarie shares increased by close to 1% after reiterating its short-term outlook provided last month.
Investments and investor services
S&P/ASX 200 down 0.4%, RBNZ sees next move as lower
New Zealand dollar has fallen after rates were kept on hold and a dovish outlook was signalled.
S&P/ASX 200 recovers on strong performance by mining and industrials
Rare earths miner Lynas Corp surged 35% after being the target of a takeover proposal from Wesfarmers.
Azumah Resources expects Ibaera Capital’s revised Wa study this year
The JV partners also plan to make an investment decision on the Ghanaian project this year.
Fe Limited to acquire highly prospective lithium projects in Pilbara region
Recent lithium deposit discoveries have made this region one of the hottest in the electric vehicle battery space.
Will resurgent prices stimulate a revival of the long-dormant junior iron ore sector?
Iron ore prices have been on a tear, but will there be any trickle-down to the junior sector?
Azumah Resources shovel-ready at Ghana gold project after hitting million-ounce mark
The company is engaging investors to finance its Wa Gold Project and is close to making a final development decision.
Australian Mines welcomes new CFO from Fortescue
The company is focused on its flagship Sconi Cobalt-Nickel-Scandium Project in Queensland.
Pacton Gold launches sampling and mapping work at Boodalyerrie ahead of drill program
The work program has started at the high-grade vein system at Boodalyerrie, in Pilbara, Western Australia
Azumah Resources’ Ghana joint venture leveraged for transition to gold producer
The company is working with Ibaera Capital to develop its project and bring it into production.
Cauldron Energy to acquire two lithium Pilbara projects
A comprehensive exploration program will commence upon transaction completion.
Investments and investor services
Capricorn Metals fields acquisition proposal from Regis Resources, shares surge
The company is a leading ASX gainer as shares increase 56% to an intra-day high of 9.2 cents.
Diggers and Dealers Mining Forum focuses on growth, exploration and acquisitions
Presenters at this year’s Diggers and Dealers Mining Forum in Kalgoorlie in the Western Australian Goldfields looked at the question of growth, and whether to focus on acquiring new projects or explore to increase production.
Diggers and Dealers chairman expects ‘buoyant’ forum
Nick Giorgetta says the annual event is unique as delegates can also tour working mines.
S&P/ASX 200 closes down 0.6%, all eyes on the US open tonight
Comments from President Trump last week continue to cause unease across Asia.
S&P/ASX 200 closes down 0.7%, Australian city homes fall for fifth straight month
Home prices across Australia's major cities fell for a fifth straight month in February.
S&P/ASX 200 rallies to close up 0.2%, March VIX futures still above 19
S&P/ASX 200 rallied nearly 30 points from its low to finish in the green.
S&P/ASX 200 recovers losses to finish slightly up, A2M up 29%
Australia's quarterly wages price index came in +0.6%, beating the expected +0.5%.
Impact Minerals major shareholder builds stake through $2 million note conversion
Andrew Forrest related Squadron Resources now holds a 14.8% stake.
Azumah Resources does A$17 million earn-in deal
The company has revealed details of a deal that will boost gold resources and reserves and deliver a fundable development gold project.
Emmerson PLC active in the hunt for resources deals
It may have taken a bit of a beating following the global financial crisis but the London-Australia resource-finance axis still survives in various forms.
Beowulf Mining PLC in pole position once government permits come in
Beowulf Mining has its foot on a sizeable iron ore project in Sweden, and is now waiting for the requisite government permits
Anglo American dividend axe may not be industry's last
More miners could slash payouts and assets to cope with downturn
Impact Minerals bags up to A$7.3M from Andrew Forrest's Minderoo Group
A deal of this size in the current very difficult capital markets highlights the potential of Impact's PGM assets, while also shows the deal making ability of its managing director Dr Mike Jones.
Triton Minerals gains competitive edge for Mozambique graphite
Rubicon Resources will provide key support services as Triton accelerates development of the world’s largest flake graphite deposit. Further business arrangements being considered by both companies.
Zanaga books impairment, but still sees Congo mine as robust
Zanaga's shares drop on final results in a market spooked by negative sentiment towards iron ore. But the company still insists the project is robust
Queensland Bauxite: Pending Profitable Production; All Time HighTested
With a scoping study pointing the way to bauxite earnings and riches from production at South Johnstone, the New Force In Queensland Bauxite has arrived.