A faster-than-expected fall in iron ore prices, which are half their peak levels, has led to a big sell-off of mining stocks and raised doubts about the government's budget outlook.
Fortescue Metals Group has announced a high-level framework agreement with the Eastern Guruma people and flagged a $500 million mining joint venture but was light on details.
The state's environmental regulator has given BHP the green light to increase iron ore exports from Port Hedland by 40 million tonnes annually, despite concerns about dust exposure.
The head of hospitality giant Crown Resorts has vowed to take a more “proactive” stance on COVID-19 vaccinations, considering a mandatory vaccination policy for staff and guests.
Investors, consumers, and activists are pressuring big businesses to ensure the ethical security of their supply chains, but the first round of modern slavery statements shows varying degrees of compliance.
Fortescue and Wesfarmers were among the Western Australian ASX 100 companies which provided the most comprehensive statements to the modern slavery register.
Fortescue chief executive Elizabeth Gaines has responded to concerns about a potential reopening of state borders, saying the company can track, trace and test to manage a mine site outbreak.
Andrew Forrest will receive a $2.4 billion dividend from Fortescue Metals Group, after the company's profit more than doubled thanks to high iron ore prices.
The share prices of Australia’s big iron ore miners have fallen by an average of 13 per cent over the past week, under the weight of a lower commodity price and higher costs.The sharp sell
Dozens of women have reported being sexually harassed on Western Australian mine sites, but the big miners concede the true number of cases is likely to be higher.
Some operations at Fortescue Metals Group's Cloudbreak mine have been suspended and Qantas has cancelled flights after a mine worker returned a weak COVID-positive result.
Fortescue Metals Group has commenced contact tracing of up to 2,000 workers at its Cloudbreak mine after a maintenance contractor tested positive for COVID.
Fortescue Metals Group has enjoyed a huge surge in cash flow and another rise in its share price after beating its shipments guidance for the 2021 financial year.
The engineering and construction arm of ASX-listed WestStar Industrial has secured its biggest contract to date, for work on Fortescue Metals Group's Iron Bridge magnetite mine in the Pilbara.
The EPA has given Glencore subsidiary Minara Resources the green light to conduct an exploration program in the southern portion of its Irwin Hills Project in the north-eastern Goldfields.
ASX-listed mining technology company K2fly has laid out plans for an executive changing of the guard with Chief Commercial Officer and veteran industry leader Nic Pollock to take the helm as Chief Executive Officer from the start of September this year. Current CEO Brian Miller says he remains committed to the company and will continue as an Executive Director.
The state's environment minister has rejected appeals against decisions to allow two of Australia's biggest iron ore miners to increase their annual exports through Port Hedland, despite ongoing concerns about dust.
Fortescue Metals Group is preparing branding for its green hydrogen and steel arm, with more than 30 trademarks pending, including the slogan 'The Power of Now'.
St George Mining is off to a flying start in its copper-gold search in the “world-class” Paterson region of Western Australia with multiple holes from its maiden drilling campaign at its Paterson prospect hitting prospective basement rocks. Initial XRF analysis has returned elevated levels of pathfinder elements suggesting potential for base metal and gold mineralisation across 35km of target stratigraphy at the company's tenure.
Fortescue Metals Group has awarded its single largest contract to an Aboriginal business, after confirming a five-year maintenance contract with Warrikal.
Andrew Forrest's Fortescue Metals Group is accumulating tenements near the coastline around Carnarvon, with applications lodged for more than 50 blocks in recent weeks.
Fortescue Metals Group and Curtin University are part of a consortium to research low-carbon iron pellets, cement and alumina, which received $39 million from the federal government today.
The surge in iron ore prices over the past three years has delivered some spectacular returns for investors.Fortescue Metals Group – a pure-play iron ore stock – and Mineral Resource
Top officials from the mining industry have come together to affirm their support for clamping down on sexual assault in the workplace as allegations of misconduct roil the sector.
Two reports this week have highlighted concerns that commodity prices have peaked, with UBS saying iron ore is approaching an inflection point and set to fall sharply.
Engineering and construction company Monadelphous has won a number of new contracts including work on major iron ore projects Gudai-Darri and Iron Bridge.
