Fortescue's ability to work around Port Hedland's congested export space and negate headwinds in the iron ore price were attractive to Red Hawk Mining's board.
Fortescue has lobbed a $254 million offer to snap up ASX-listed junior Red Hawk Mining, owner of a greenfields iron ore project neighbouring the Andrew Forrest-led miner's Solomon operations.
Cheryl Edwardes-chaired Red Hawk Mining has high hopes over its Blacksmith iron ore project in the Pilbara after completing a preliminary feasibility study.
Fortescue is still mulling a stake in Sinosteel's $9.7 billion Oakajee port, rail, and iron ore mine nearly two years after it began a “rapid” study into the long-stalled project.
Pilbara-focused Red Hawk Mining will raise $12.5 million in order to advance operations at its flagship Blacksmith iron ore project, 70 kilometres north-west of Tom Price.
Our weekly appointments wrap includes Yaya Ouattara, Caigen Wang, Maree Arnason, Derek La Ferla, Ben Morton, Darryl Cuzzubbo, Gavin Lockyer, Niamh O'Connor, Anna Shave, Brendon Grylls and Martina Mariano.
Former Nationals WA leader Brendon Grylls has joined an iron ore minnow to lead engagement with Pilbara stakeholders as it presses ahead with a new mine.
A deal to acquire the Balla Balla infrastructure project in the Pilbara has fallen through after Flinders Mines terminated the proposed transaction with BBI Group.
Plans to build the $4 billion-plus Balla Balla iron ore project are still progressing, with backers seeking federal environmental approval for a 45 million tonne per annum port facility.
Our board moves wrap includes Melanie Kiely, Mark Hohnen, Scott Phegan, Cliff Lawrenson, Steven Zaninovich, Daniel Harris, Amanda Reid, Alistair Stephens, and Asimwe Kabunga.
Our board moves wrap includes Eden Attias, Stephen Gorenstein, Chris Clark, Danny Conlon, Neil Warburton, Cheryl Edwardes, Noel O'Brien, Jason Livingstone, Brian Wall, William Rouse, Toby Chandler, Stephen Forman, and Bryant Mclarty.
Our board moves wrap includes Evan Davies, Leonard Math, Lucy Rowe, Roderick Webster, Michael Davy, Peter Youd, Kyla Garic, Nerida Schmidt, Sam Randazzo, Sam Rodda, Rodney Baxter, Nico van der Hoven, Jurie Wessels, Paul Everingham, Adam Boyd, and Simon Higgins.
Our board moves wrap includes Teow Kim Chng, David Sanders, Amy Jiang, Ian Goldberg, Lee Tamplin, Andrew Whitten, Andrew Metcalfe, Ian Pamensky, Samuel Ekins, Tom Bahen, and Zane Lewis.
Our weekly appointments wrap includes Andrew Whitehead, Joy Powell. Victoria Green, Mike Franklin, Noel Heinrich, Tony White, Graham Ralph and Bruce Trevaskis.
Emerging iron ore company Flinders Mines is looking to raise up to $14.52 million under a non-renounceable rights issue, with the funds primarily used to repay a loan from its major shareholder Todd Corporation.
Flinders Mines has gained shareholder approval to progress its Pilbara iron ore project, following months of questioning from minority shareholders over the role major shareholder Todd Corporation would play in developing the project.
Flinders Mines says it has identified a viable mine plan for its Pilbara iron ore project (PIOP), ahead of a crucial shareholder meeting to approve a joint venture with infrastructure company BBI Group.
Flinders Mines has announced the negotiation of a binding agreement with BBI Group, bringing the aspiring iron ore miner one step closer to pursuing its Pilbara iron ore project.
Minority shareholders in aspiring iron ore miner Flinders Mines expressed frustration at today's AGM over its proposed deal with infrastructure company BBI Group, accusing their board of trying to push through a deal without offering complete details.
Investors have welcomed Flinders Mines entering into a non-binding agreement with the Balla Balla Infrastructure Group, which could deliver the infrastructure and funding needed to help get its stranded Pilbara iron ore project (PIOP) into production.
Our daily board moves wrap includes Alex Doering, William Hu, Gang Xu, Henko Vos, Henry Kinstlinger, Dougal Ferguson, Sarah Wilson, Shannon Coates, Marc Steffens, Hayden Buswell, and Geoff Chapman.
Flinders Mines has appointed interim executive director David McAdam as chief executive, and current non-executive director Cheryl Edwardes AM as non-executive deputy chair.
Flinders Mines is launching legal action in the Supreme Court of Western Australia against the owner of stock forum HotCopper Holdings, seeking details of users alleged to have made defamatory statements in relation to the board and company.
Flinders Mines shareholders have backed the company's new board of directors and the prospects of a strategic review into infrastructure options for its flagship asset, the Pilbara Iron Ore Project.
