Tag: Iron Ore
Grange shareholders urged to back merger
Shareholders with Grange Resources, which wants to mine iron ore on Western Australia's south coast, are being urged to approve a merger with a Chinese-backed company.[MORE]
Iron ore sold at discount prices
The West Australian Midwest resources company Murchison Metals has been forced to sell its iron ore at heavily reduced rates after a number of Chinese ships arrived at Geraldton without letters of credit.[MORE]
FMG expands as share price plunges
Fortescue Metals Group (FMG) has bucked the trend and signed a deal to increase the amount of iron ore its selling to one of its Chinese steel mills.[MORE]
FMG dismisses shareholders concerns
More than 200 people have turned out to Fortescue Metals Group's(FMG) annual general meeting in Perth, many concerned about the outlook for the iron ore industry.[MORE]
BHP gets harbour dredging nod
The Environmental Protection Authority (EPA) has given BHP Billiton the green light to dredge Port Hedland harbour for its iron ore operations.[MORE]
NT resources sector not concerned about Japanese downfall
The Northern Territory Resources Council says a recession in Japan should not have a lasting impact on NT resource exports. [MORE]
Backflip on AWAs 'bad news' for mine workers
The union movement says the Federal Government's backflip on Australian Workplace Agreements (AWAs) is bad news for Western Australia's mining industry workers.[MORE]
No need to panic: FMG
The head of the Fortescue Metals Group (FMG), Andrew Forrest, says the drop in demand for Australian resources is no cause for alarm.[MORE]
Chamber up-beat despite iron ore demand drop
The Chamber of Minerals and Energy of Western Australia says there is a positive side to the drop in Chinese demand for iron ore.[MORE]
Shire hopes Mt Gibson spares local workers
The Shire of Mullewa says it is still too early to assess the impact of Mt Gibson's decision to axe jobs at its mid-west mine.[MORE]
Portman takeover nears completion
American company Cleveland Natural Resources has ended its takeover bid for Australian iron ore miner Portman Limited.[MORE]
Job losses herald higher unemployment: economist
A Perth-based economist says iron miner Mount Gibson's decision to cut 190 jobs on the back of softening Chinese demand for the commodity heralds the start of a loosening of the local labour market.[MORE]
Chinese using global crisis to invest in raw materials
A stock market analyst says the global economic crisis is likely to encourage Chinese investment in some of the state's junior miners.[MORE]
BHP launches legal action over harbour heritage status
BHP Billiton Iron Ore has begun legal proceedings against the Registrar of Aboriginal Sites in an attempt to obtain clarity over the heritage status of Port Hedland harbour.[MORE]
Premier to discuss Oakajee Port position
The Geraldton Iron Ore Alliance will meet Western Australian Premier Colin Barnett to clarify the new Government's position on Oakajee Port.[MORE]
Miner impressed with iron ore drilling results
Junior iron ore miner Atlas has posted positive results from its first drilling program at Weld Range, near Cue in Western Australia's mid-west.[MORE]
Rail decision ends mining giants' monopoly: analyst
A financial analyst says a decision by the Treasurer Wayne Swan to open up the Pilbara railway system could spell the end of BHP Billiton and Rio Tinto's grip on the iron ore region. [MORE]
Caution urged over Port Bonython development
The State Opposition says the Government should use a world downturn in iron ore demand to buy time for more in-depth assessments of a proposed deep sea port at Port Bonython.[MORE]
WA economic outlook tied to China: report
A new report shows Western Australia's economic outlook will remain strong as long as China's demand for iron ore continues. [MORE]
Mt Gibson halts trade to discuss sale
Iron ore miner Mount Gibson has halted trading on the Australian Securities Exchange to discuss sale agreements with its customers after they requested a delay in shipments.[MORE]
Government accused of shooting from the hip in rejecting Aboriginal heritage claim
The State Opposition has accused the Indigenous Affairs Minister of making an "off-the-cuff" decision in throwing out an Aboriginal heritage claim over the Port Hedland harbour.[MORE]
Rio Tinto train drivers to strike again today
The dispute between Rio Tinto and its train drivers is continuing with a second strike planned today.[MORE]
Federal Court cancels Cape Lambert board replacement meeting
The Federal Court has cancelled a shareholder meeting due to be held today to replace the board of iron ore explorer, Cape Lambert Iron Ore. [MORE]
Trading halt for iron ore miner
Atlas Iron has halted trading on the stock exchange for the second time in a week.[MORE]
Rio Tinto train drivers strike
The construction union says today's strike by train drivers on Rio Tinto's main line in the Pilbara in Western Australia say 90 per cent of members did not attend their shifts. [MORE]
