News Articles for David Flanagan

Shares in Atlas Iron continued to tumble today, down 8 per cent to 3.3 cents, taking the company's market capitalization to around $87 million.

Atlas Iron managing director David Flanagan has described the results of the iron ore miner's capital raising as an immense vote of confidence in the business, despite achieving just less than half of its $180 million target.

Atlas Iron has extended the closing date of its $180 million capital raising at the eleventh hour.

The iron ore miner's size and local status have led to an unusual testing of the market's appetite for risk.

Atlas Iron has reopened its Mount Webber iron ore mine, marking the recommencement of mining at all three of the company's Pilbara operations after shutting them less than three months ago.

Cost cutting can only take a business so far, and with tough times set to continue for mining services contractors, innovation and diversification have a big role to play. Click through to see more on our Mining Services feature.

Atlas Iron founder David Flanagan has resumed as the company's managing director, as the iron ore miner announced that its ambitious $180 million capital raising would be priced at just 5 cents per

Atlas Iron plans to resume production at its two closed iron ore mines after striking an innovative profit sharing deal with its contractors, but it is also seeking to complete a big capital raising to ensure its longer-term viability.

Atlas Iron has appointed its project adviser and former Western Australian politician Cheryl Edwardes to its board as a director.

Atlas Iron non-executive director David Hannon has resigned from the company's board with immediate effect to focus on family matters, with the company yet to announce a replacement.

Small iron ore miners operating in a $70/t environment are struggling, but in a different way so are the majors battling to satisfy investor expectations.

Murdoch University chancellor David Flanagan has revealed up to five senior executives are under investigation, while also disclosing some of the “shocking” evidence against them.

Atlas Iron has shrugged off concerns about current market conditions and its thin margins, using its annual general meeting yesterday to remind shareholders of its development track record in an intensely competitive environment as proof it is a survivor committed to doing what it takes.

Murdoch University announced late on Friday that its vice-chancellor, Richard Higgott has resigned, five weeks after he was stood down on full pay, in the midst of a Corruption and Crime Commission investigation.

Murdoch University has taken the extraordinary step of referring its vice-chancellor Professor Richard Higgott to the state's Corruption and Crime Commission following an internal investigation.

The Palmer United Party is proving that success in business doesn't equal sense in politics.

Rather than a disaster, Troy Buswell's political exit ought to be an opportunity.

West Perth restaurant and bar Black Tom's, a long-time favourite for thirsty mining executives, was a fitting venue for the launch yesterday of a book that features many of the personalities that h

Mining entrepreneur David Flanagan has been named as the fifth chancellor of Murdoch University, adding yet another resources player at the top of governance of Perth's tertiary education sector.

This year's candidates again proved what a wealth of talent we have in WA.

Tougher economic times and increased scrutiny have put a cap on the growth of executive remuneration.

Greater public exposure has helped lift community engagement with, and funding to, the not-for-profit sector.

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

THE state's chief scientist, Lynn Beazley, was awarded the second annual ‘Governors Award for Giving' last week at a ceremony at Government House ballroom to mark the official launch of the Corpora

NEARLY 18 months ago, local not-for-profit organisation Kalparrin was facing the prospect of closing its doors due to a sudden lack of funding.

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

Atlas Iron has sold the Balla Balla magnetite, vanadium and titanium project to Forge Resources for $40 million plus a capped royalty from future production.

ATLAS Iron chief executive David Flanagan has called for greater mutual support between the arts and business communities, and for arts bodies to adopt a business-like approach.

A high-powered panel puts the case for companies to give more consistently to charity, ensuring there is a bigger pie.

Emerging iron ore producer Atlas Iron has increased its sale revenue to $84.8 million during the 2010 financial year up from $26.4 million in 2009.

Shares in Atlas Iron have risen after the miner announced a five-fold resource increase at its Wodgina iron ore project near Port Hedland.

Congratulation to WA's Top Young Acheivers.

Privately-held IMC Resources has broken its silence on events surrounding Atlas Iron's shareholder meeting, disputing claims that it swayed stakeholders to vote against the re-election of chairman David Nixon.

Shares in Atlas Iron have climbed as much as 14 per cent today on the back of a substantial increase in its Pilbara iron ore deposit, as the board prepares to meet following last week's shocking events.

Emerging producer Atlas Iron Ltd expects to disclose its off-take arrangements shortly as it today received the final environmental approval for its Pardoo iron ore project in the Pilbara.

West Perth-based iron ore explorer Atlas Iron Ltd will pay $15 million in port facilities charges to the Port Hedland Port Authority as an up-front contribution for the planned $225 million upgrade of the Utah Point public access facility.