Investors reacted positively to news today that iron ore miner Gindalbie Metals had successfully restructured its finances, but will be reacting with less enthusiasm to the outlook for iron ore prices from Gindalbie's biggest shareholder.
Chinese steel producer Ansteel will take majority ownership of the Karara iron ore project in the Mid West, after its local partner Gindalbie Metals struck a financing deal to help it through the p
Two contractors on Gindalbie Resources' recently commissioned Karara iron ore project have been hit by contractual disputes, with one contractor initiating legal action this week.
IT'S easy to get excited about what's happening in the fast-moving world of currency values but it's wrong to describe what's happening as a ‘war', because it's not; what's going on is simply econo
Gindalbie Metals has secured an agreement for a second $30 million loan from its joint venture partner in the Karara magnetite iron ore development, after delays in the project's production ramp up
China has stopped evaluating new investments in Australia until some of its existing projects deliver better returns, according to Gindalbie Metals chairman George Jones.
Premier Colin Barnett has used the official opening of the $2.6 billion Karara iron ore project in the Mid West to announce a royalty rebate to support magnetite developments in Western Australia.
Fresh from announcing plans to develop the Iron Valley mine in the Pilbara, Mineral Resources has become the eleventh Western Australian company in the S&P/ASX 100 Index.
Gindalbie Metals has announced it will tap investors for $62 million to insulate it against continuing iron ore market volatility, as it ramps up production at the Karara magnetite project in the M
Gindalbie Metals has passed a major milestone at its Karara project in the Mid West, with the first magnetite concentrate produced at the mine this week.
IT has been a big week of‘giving' by Australian directors, with former WorleyParsons CEO John Grill giving $20 million to the University of Sydney and revelations that Rams Home Loans founder John
WHILE the recent period of engagement with China goes back 40 years in diplomatic terms, and well into the 1980s at a trade level, there are plenty of cautionary tales from those doing regular busi
Ginadalbie Metals shares have jumped by more than 10 per cent after the Perth-based miner officially opened its dedicated port terminal for the Karara iron ore project in Geraldton this mornin
MID West iron ore projects have the potential to produce 67 million tonnes of iron ore per year, earning the state annualised royalties in the range of $42 million.
Gindalbie Metals has secured an additional $US250 million in financing required to complete construction of its Karara iron ore project in the Mid West.
AS the world enters its fifth year of economic turbulence and even the best-insulated businesses in Western Australia are being affected, the factors that determine business influence in this state
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News' 2011 survey has found.
The state economic regulator has given its nod of approval for Western Power's near $380 million electricity transmission infrastructure proposal, designed to support new mining and renewable energ
The past 12 months have been tough for almost anyone involved in the stock market; but for a particular crop of Perth-based miners, 2011 was truly a year to forget.
Gindalbie Metals has vehemently denied media reports that it gave Chinese steel-makers an unfair advantage to win tenders for its Karara iron ore development in the Mid West.
Former Fortescue Metals Group senior operations executive Paul Hallam has been appointed a non-executive director at Gindalbie Metals as the company prepares to commission its flagship Karara
THREE trends stand out when the salary packages of newly appointed chief executives at Western Australian companies are examined.First,the bigger the company the higher the salary.
FOUR major resource and infrastructure projects have reached notable milestones this week, signalling the positive outlook for the Western Australian economy.
Gindalbie Metals has completed negotiations for the last key infrastructure deals required for the development of its Karara iron ore mine, signing two key rail contracts with QR National and Brook
Gindalbie Metals' timeline for its flagship Karara iron ore project in Western Australia has slipped but the $2.57 billion development cost remains the same.
Chinese-owned steel producer Ansteel has confirmed an agreement to kick in $119 million to help Gindalbie Metals raise $209 million in additional funds required to develop the $2.57 billion Karara iron ore joint venture in the Mid West.
Shares in Gindalbie Metals shot up more than nine per cent after the company announced an expansion of its Karara iron ore project and the appointment of a new chief executive.
Gindalbie Metals says it may produce its first iron ore earlier than its targeted date of mid-2011 and is set to reap strong margins for the bulk commodity.
