Fe Limited fires first blast at JWD Project amid robust iron ore market
The company is focused on finalising offtake arrangements to get to the JWD product to market as soon as possible to benefit from the elevated iron ore price.
Company
CuFe Ltd
ASX:FEL
CuFe Ltd (ASX:CUF) is an emerging iron ore producer with a strategy focused on near-term, high-grade premium product iron ore projects and maintaining exposure to strategic metals. The company has interests in various advanced iron ore projects along with copper and gold interests in Australia.
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Fe Limited acquires option to boost equity interest in near-production JWD Iron Ore JV to 60%
The company has paid a A$1 million refundable deposit to its joint venture partner to secure a three-month option to increase its equity in JWD from 51%.
Fe Limited ramps up development at near-production JWD Project in strong iron ore market
Mining contractor Big Yellow is finalising the next scope of works to keep the project on schedule in advance of commencement of full mining operations, with mobilisation of the remaining mining fleet planned to occur this weekend.
Fe Limited closer to production at JWD Iron Ore Project
The company has signed a camp accommodation contract, an LOI with a crushing and screening contractor and has received final environmental approvals to begin mining.
Fe Ltd moves closer to mining with key environmental approval granted for Wiluna West JWD Iron Ore Project
The approval represents the final primary environmental approval for the project and facilitates the construction of the crushing and screening plant and associated infrastructure on site.
Fe Ltd signs letter of intent with contractor Big Yellow as West Wiluna JWD Iron Ore Project nears production
FEL also welcomes two key team members - Eric Kiely and Stephen Danti – further strengthening its management team.
Fe Limited chairman shows sky-high confidence in near-term iron ore production strategy through early exercise of options
The company has two advanced high grade iron ore assets on a fast track to production at a period of strong iron ore prices and a positive outlook.
Fe Limited’s strongly supported $5.5 million placement set to fast-track iron ore projects
Funds raised will be used to fully fund development of the low capex, direct shipping Wiluna West JWD Iron Ore Project and drilling and approvals work at the Yarram Iron Ore Project.
Fe Limited aims to ship first iron ore by second quarter this year
The company outlined its strategy for near-term production from the JWD West Wiluna Iron Ore Project in a new investor presentation.
Fe Limited chairman shows faith in near-term iron ore production strategy by early exercise of options
The company has two near-term iron ore production-ready assets at a period of strong iron ore prices and a positive outlook.
Fe Limited takes another step towards near-term iron ore production with Yarram acquisition completed
"Our team visited the site earlier this month and are excited about its potential, so we look forward to conducting further drilling, environmental and stakeholder work in the new year,” says chairman.
Fe Limited progresses development of JWD Iron Ore Project with key works approval lodged
The company is progressing towards production in the near-term to take advantage of strong iron ore prices and the demand for high-quality product.
Fe Limited’s high-grade iron ore projects progressing on multiple fronts towards near-term production
“We are striving to take advantage of the demand that exists for high-quality product such as that envisaged to be produced from these projects,” says chairman.
Fe Limited directors provide strong vote of confidence in near-term iron ore production strategy
Executive director Mark Hancock and non-executive chairman Tony Sage have each purchased 2.5 million shares with a total value of $100,000.
Fe Limited appoints experienced iron ore executive to drive new projects into production
Mining engineer Jeremy Sinclair, who has experience in iron ore with Atlas Iron and Rio Tinto’s Pilbara Operations, has been appointed projects director.
Fe Limited to investigate gold potential along shear from recent De Grey discoveries
“Although the main focus of the company is getting our two near-term iron ore deposits into production, we should not pass up the opportunity to investigate the gold potential,” says chairman.
Fe Limited to fast-track advanced iron ore projects with royalty sale payment
The final $2.65 million payment from the Evanston Iron Ore royalty sale will be received this week to fund work at the new JWS and Yarram projects.
CuFe ramps up operations at JWD Iron Ore Project
The Wiluna West JWD deposit has a JORC 2004 estimate of 10.7 million tonnes at 63.7% iron with 60% in the measured category.
Fe Limited surges on agreement to acquire 50% of advanced iron ore project
With proximity to port and existing underutilised mining infrastructure, the company is aiming for early production from the Yarram project.
Fe Limited shares surge after Morck Well JV drilling returns high-grade gold hits
Further high-grade gold mineralisation has been intersected in wide spaced, first pass, regional aircore drilling at the Morck Well JV Project.