News Articles for Fenix Resources

Shares in Fenix Resources rose 12 per cent this morning after the iron ore producer declared a full-year profit and maiden dividend.

Shares in Fenix Resources hit an all-time high this week, ahead of today's quarterly report showing strong growth in the iron ore miner‘s operating cash flow.

Another iron ore boom has produced a long list of aspiring miners. We dig deep to assess who is likely to make it.

Our board moves wrap includes Richard Nicholls-Maltman, Eddy Wu, Mathew Longworth, Andrew Daley, Brian Leedman, Anton Uvarov, and Shaun Hardcastle.

CZR Resources is advancing its $51 million iron ore development south-west of Karratha, with environmental studies now underway.

Our board moves wrap includes Wayne Bramwell, Annie Guo, Garret Dixon, and Warwick Davies.

China's iron ore imports hit a record volume last year, helping to explain the surprising strength in the commodity's price and underpinning higher profits for the big miners.

Today's board moves wrap includes Sam Smart, Rebecca Broughton, Garry Plowright, Mike Bell, Craig McGuckin, Timothy Morrison, Ricky Lau, Alex Ko, Michael Rosenstreich, and Peter Lester.

Shares in Fenix Resources have hit a nine-year high after the company struck an agreement to export iron ore from the Port of Geraldton.

Today's board moves wrap includes Jason Bontempo, Alex McCulloch, Rodney Johns, Geoff Greenhill, Warwick Davies, John Klepec, Patrick Burke, David Frances, David Minchin, and Douglas Huey.

Mineral Resources has surprised the market by purchasing an iron ore project from Australian Aboriginal Mining Corporation, and also bought into a legal fight with Fortescue Metals Group.

Fenix Resources is moving ahead with its iron ore project in Western Australia after appointing MACA as its mining contractor.

GWR Group has joined a growing list of companies aiming to start small iron ore mines in WA, after signing a term sheet with contractor Pilbara Resource Group.

Our weekly appointments wrap includes Paul Hegarty, Patrick Warr, Sean Whiteford, George Read and Chris Tuckwell.

David Flanagan-chaired Coziron Resources has joined several WA stocks looking to develop their iron ore projects.

Fenix Resources is on track with development of its low-cost, high-grade iron ore project in Western Australia, after receiving commitments to raise $15 million.

Our board moves wrap includes Warren Harding, Craig Masarei, Sean Maher, Michael Pixley, Shannon Coates, Matthew Foy, Andy Goodwin, Paul Ladislaus, Ashok Parekh, Peter Bilbe, Bernie Ridgeway, Paul House, Dean Hildebrand, Geoff Brayshaw, Karl Paganin, William Kuan, Sally Langer, Maree Arnason, Robert Scott, Phillip Hains, Alfred Gillman, Christopher Knee, Keong Kok Chan, Peter Williams, Graeme Smith, and Bret Silvey.

Our daily board moves wrap includes Douglas Loh, Tim Desmond, Terry Smart, John Baillie, Petar Tomasevic, Leeanne Bond, Will Burbury, John Richards, Kevin Lines, Mark Zeptner, Tim Manners, Richard Jones, James Croser, Nader El Sayed, Les Davis, David Baxby, and Tim Bult.

Minderoo Foundation, the Chamber of Commerce and Industry WA and Fenix Resources made senior appointments over the holiday break.

Garret Dixon has been appointed non-executive chair of Fenix Resources from January.

Fenix Resources expects its high-grade Iron Ridge project in Western Australia to deliver strong returns, helped by its low development cost.

Subiaco-based Tao Commodities has added to the growing interest among junior mining companies in the Western Australian iron ore sector, after it signed a binding term sheet to buy DSO Mining in a scrip deal worth at least $3.27 million.

Fenix Resources has formed a strategic alliance with trucking and logistics company Mineheaul, to be led by Craig Mitchell, which the mining company said is a significant step towards the development of its Iron Ridge project.

Shares in Fenix Resources were up by as much as 150 per cent today before falling at the close of trade, after the company announced it had intersected substantial high-grade iron ore via a drilling program at its flasgship Iron Ridge project, located in the Murchison region.

Bevan Tarratt has been appointed an independent non-executive chair of Emergent Resources.

Jonathan Murray has been appointed as a non-executive director of Vietnam Industrial Investments.

Otsana Capital founder and Kalimantan Gold Corporation CEO and deputy chairman Faldi Ismail has joined the board of directors of Emergent Resources, following the resignation of Patrick Burke.

Junior miners Chrysalis Resources and Emergent Resources have turned to Chinese investors for funding.

Emergent Resources has appointed Patrick Burke as a non-executive director, following the resignation of Francis DeSouza.

Emergent Resources has formed a new exploration and development company (NewCo) with Chinese company International Natural Resources (INR), which will seek ASX listing in 2012.

Emergent Resources says it is in advanced discussions with a number of Indian groups in relation to joint ownership of its Beyondie iron ore project in the Mid West.

Emergent Resources has scrapped its planned $200 million joint venture with Beijing China Metallurgical Investment for the Beyondie iron project in the mid-west.

West Perth-based Emergent Resources will pay De Grey Mining $700,000 less than originally agreed to acquire the remaining 20 per cent interest it doesn't own in the Beyondie Iron Project in the Mid-West.

Emergent Resources will seal a $205 million deal with a Chinese company next week that will pair the companies over the Beyondie iron ore project in the Mid West.

West Perth-based Emergent Resources will pay up to $6.8 million to De Grey Mining to acquire the remaining 20 per cent interest it does not own in the Beyondie magnetite iron project in the Mid West.

Iron ore hopeful Emergent Resources has entered a $205 million deal with a Chinese firm over the development of the Beyondie magnetite iron project in the Mid West.