News Articles for Fortescue

SPECIAL REPORT: Indigenous contractors are revising their business plans and moving into new sectors as the mining construction boom has waned.

Auroch Minerals announced that Dr. Andrew Tunks has committed to a full-time role as Auroch CEO.

Western Australian companies have outperformed the broader stock market over the six months to June 30, judging by the performance of Business News' BN30 index.

Fifteen local broking, legal and advisory firms have teamed up to put forward their concerns with the ASX's proposed changes to its listing requirements, and to advocate three particular amendments.

BC Iron has announced settlement of its dispute with former contractor Watpac, with the settlement including a final payment by BC Iron and its joint venture partner Fortescue Metals Group.

EY has named 13 West Australian finalists in its annual Entrepreneur of the Year awards while also announcing Adrian Fini as its latest Champion of Entrepreneurship.

Fortescue Metals Group will lop off another $US500 million ($A665 million) from its debt pile next week, after issuing a repayment notice for part of its 2019 term loan.

Stephen Pearce has been appointed to the board of Fortescue Metals Group, but will retain his current role as chief financial officer of the iron ore giant.

The internet's disruptive role is different when it comes to heavy industry.

Women are being appointed to ASX200 boards at a faster rate than ever, but a number of major Western Australian companies remain without any female representation on their boards.

In the first of a series of interviews with top WA business leaders, Business News met with inaugural 40under40 First Amongst Equals winner and Macquarie Group chairman (WA) Mark Barnaba. Far from the boardroom, in the relaxed setting of Julio's restaurant in West Perth, Mr Barnaba spoke of his education, mentors, leadership style, culture, diversity, and social media.

Fortescue Metals Group has been fined $50,000 over an incident where a worker's legs were crushed an amputated at the company's Anderson Point facility in 2011.

ANALYSIS: WA's resources-focused business community is eagerly awaiting the next round of figures for iron ore production costs.

Small and medium-sized businesses are settling their invoices about 12 faster than large corporations on average, a report by Dun & Bradstreet has found.

Fortescue Metals Group has broken BHP Billiton's monopoly on tug services at Port Hedland, after being named the successful bidder for a second towage licence at what is the world's biggest bulk export port.

There were 23 Western Australians featured in this year's BRW Rich 200 List, with two new entrants and two others failing to make the cut.

Perth-based Energy Made Clean has struck a partnership deal with Aboriginal corporation Eastern Guruma for the rollout of solar power stations and solar water pumps in northern Australia.

SPECIAL REPORT: Wealthy Western Australians have made some eye-popping philanthropic pledges over the years but none as large as one of Gina Rinehart's recent moves.

SPECIAL REPORT: There's no doubt the boom has come to an end, but plenty of opportunities and projects remain in play.

Perth company director Sharon Warburton has been named as the incoming chair of a soon-to-be-established federal government fund that will have $5 billion to spend on infrastructure in northern Australia.

The worst might be over for many of the state's mining services businesses, as they seek to bounce back from the effects of the slowdown in resources project development.

Mine camp operators Compass Group and Sodexo, and an Adelaide-based print business that supplies Fortescue Metals Group were among the winners in the 2016 Supply Nation supplier diversity awards.

Fortescue Metals Group has taken its latest round of debt repayments to more than $US1.2 billion, with a $US650 million buy of its 2019 senior secured term loans.

How do you budget for an iron ore boom that no-one believes will survive more than a few months?

A long-running dispute involving the Yindjibarndi Aboriginal Corporation and Fortescue Metals Group is set to continue after YAC members re-elected a bloc of directors who had recently been replaced by a court-appointed receiver.

Fortescue Metals Group is taking advantage of firmer iron ore prices to further trim its massive debt pile.

Woodside Petroleum has received a first strike against its remuneration report, with about 27.6 per cent of shareholders voting against it, while chairman Michael Chaney has flagged he may not step down at the next AGM as previously suggested.

March quarter revenue was down by nearly a third on the same period last year, Woodside Petroleum revealed today, although it flagged that it was continuing work with Hess on gas processing from the Equus field.

John McGloin and Alex Davidson, who were formerly directors of Amara Mining, have been appointed as non executive directors of Perseus Mining.

Fortescue Metals Group's development director has resigned to take up an international full-time role with the Mormon church.

Fortescue Metals Group says it is running ahead of its production target and may be able to increase its full-year guidance, but has cautioned it may not hit its cash cost target.

SPECIAL REPORT: Tox Free Solutions has completed nearly 20 takeovers on its way to becoming a national player in the waste management sector.

Suppliers to Rio Tinto face more financial pain after the global mining giant said it would double its standard payment terms to 90 days – twice as long as the average Australian business takes to pay its bills.

Fortescue Metals Group plans to move to a full owner-operator model at its Christmas Creek mining operations after Downer EDI's contract expires at the end of September.

The Supreme Court has appointed a receiver to take charge of the Yindjibarndi Aboriginal Corporation in the lead-up to a general meeting set for next month to settle a long-running dispute with a breakaway organisation backed by Fortescue Metals Group.

French company Sodexo is set to become one of the biggest service providers in the Pilbara after signing a $2.5 billion contract to manage all of Rio Tinto's mine camps and other facilities for 10 years.

Fortescue Metals Group has played down a downgrade by ratings agency Moody's, saying it will have no impact on its debt structure.

Daniel AshtonGravity Group – Boost Mobeel PerthOwner, directorDANIEL Ashton says he has always been entrepreneurial.

Iron ore miners will be aiming to keep costs down as uncertainty over currency and oil prices, and falling demand, continue.

The Yindjibarndi Aboriginal Corporation, which has been mired in years of controversy, has been referred to the Office of the Registrar of Indigenous Corporations after the Supreme Court found it did not have validly appointed directors.