Sentences with phrase «iron ore miners in»

China - backed iron ore miners in the Mid West are preparing to join forces to develop a port and rail link to Oakajee if the current proposal by Oakajee Port and Rail fails to proceed.

Not exact matches

Even those with only a passing interest in the resources sector would recognise there's something unusual about an iron ore miner talking up a natural gas project and an oilman talking it down.

Pilbara iron ore miner BC Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the siron ore miner BC Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the sIron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the siron ore from the site.

Iron ore miner Pluton Resources has settled proceedings against junior secured creditor Rizhao Port Group Logistics, which includes the removal of receivers appointed by Rizhao in disputed circumstances last month.

Iron ore miner Centaurus Metals says it can no longer afford to develop its Candonga project in Brazil on its own, and will be seeking to either bring in a joint venture partner or sell the mine in order to survive in the tough economic climate.

As miners deal with the reality of a prolonged slump in the iron ore price, Fortescue Metals Group is quietly going about the business of building the state's third magnetite mine and processing plant.

Pluton Resources is in the midst of a battle between creditors, with major shareholder General Nice Resources and secured creditor Rizhao Port Group Logistics fighting over who gets to appoint receivers to the iron ore miner.

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 tarIron 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 tariron 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.

Perth - based iron ore miner Atlas Iron has beaten its full year profit guidance after shipping 3.1 million tonnes in the June quariron ore miner Atlas Iron has beaten its full year profit guidance after shipping 3.1 million tonnes in the June quarIron has beaten its full year profit guidance after shipping 3.1 million tonnes in the June quarter.

The Environmental Protection Authority has recommended approval of global miner Cliffs Natural Resources» plans to extend its Koolyanobbing iron ore operations, as Mineral Resources continues to seek approval for its own expansion plans in the same region.

The creditors of Atlas Iron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next wIron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next wiron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.

West Perth - based iron ore miner Mount Gibson Iron has flagged an $ 850 million to $ 950 million impairment after the company put its Koolan Island mine on care and maintenance in Decemiron ore miner Mount Gibson Iron has flagged an $ 850 million to $ 950 million impairment after the company put its Koolan Island mine on care and maintenance in DecemIron has flagged an $ 850 million to $ 950 million impairment after the company put its Koolan Island mine on care and maintenance in December.

Shares in Atlas Iron surged on news it had lowered its cash costs in July by $ 11 per wet metric tonne, with the iron ore miner flagging more cash flow in AugIron surged on news it had lowered its cash costs in July by $ 11 per wet metric tonne, with the iron ore miner flagging more cash flow in Augiron ore miner flagging more cash flow in August.

Iron ore miner Gindalbie Metals has extended its finance facility for its Karara magnetite project in the Mid West by three years and an additional $ US400 million ($ 428 million).

Iron ore miner Rio Tinto is following its big investment in driverless trucks and trains by announcing plans to nearly double its fleet of autonomous drilling rigs.

Mid-tier iron ore miner Mineral Resources has increased its full - year net profit by 28 per cent to $ 231 million, with the help of a 93 per cent increase in iron ore export volumes.

Shares in embattled iron ore miner Gindalbie Metals plummeted this morning after the company said attempts to clarify funding arrangements with its joint venture partner had been met with silence.

Troubled iron ore miner BC Iron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $ 1, along with some royalty paymeiron ore miner BC Iron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $ 1, along with some royalty paymeIron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $ 1, along with some royalty payments.

The state government has announced a $ 40 million package to reduce charges at the Utah Point bulk handling facility by up to $ 2.50 per tonne, in an effort to help junior miners continue to export iron ore.

A couple of smaller miners that rode out the slide in iron ore prices could be the early movers in a more widespread revival in the sector.

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.

Diversified mining services company Mineral Resources has announced plans to acquire Atlas Iron in a scrip deal that values the iron ore miner at $ 280 millIron in a scrip deal that values the iron ore miner at $ 280 milliron ore miner at $ 280 million.

Following Chinese steel company Sinosteel's announcement that it had secured majority control in iron ore miner Midwest Corporation last week, questions have been raised regarding the potential of future acquisitions of WA mining companies.

A MOVE by mining giant North Limited to slash about $ 100 million from its balance sheets has resulted in redundancies and operational restructuring by Pilbara iron ore miner Robe River Iron Associairon ore miner Robe River Iron AssociaIron Associates.

Mid-tier iron ore miner Mineral Resources has increased its full - year net profit by 28 per cent, but has missed its mark of about $ 250 million outlined in its half - yearly report.

Macken also thinks the good times will come to an end in 2017 for Australian coal and iron ore miners that enjoyed a spectacular 2016.

The major Australian miners rose following a lift in overnight iron ore, nickel and aluminium prices.

Hannon has operated a private investment group for more than 15 years and chaired Atlas while the iron ore miner was in the ASX100 index.

On the surface, giant iron - ore - focused miner Vale SA (NYSE: VALE) and gold - and silver - streaming company Silver Wheaton (NYSE: SLW) don't appear to have too much in common.

Australian iron ore miners exported record volumes in December, but export growth in 2016 was the slowest in years.

Like most commodities, miners have to dig up iron containing ore and then refine it, in this case creating pig iron.

Miners should only invest in new projects that can withstand a return to $ US40 a tonne iron ore prices, saus BC Iron's Alwyn Vorsiron ore prices, saus BC Iron's Alwyn VorsIron's Alwyn Vorster.

The Australian sharemarket has retreated from six - year highs, as a plunge in the iron ore price weighed on miners and several poorer - than - expected earnings results convinced investors to take a breather.

A source close to the deal said Rio was not keen to sub-lease Hamersley to any of the rival iron ore miners who have made big investments in the cattle industry in recent years.

West Australian premier Colin Barnett says the government will not become a «bank of last resort» for the resources sector after sweetening conditions for miners struggling to survive a sustained rout in iron ore prices.

Iron ore miners were waiting for conditions to ease before assessing damage caused by a cyclone that ripped across northwest Australia on Tuesday, closing ports and threatening mining operations in the sparsely populated Pilbara region.

The lift I've just entered feels like an original from the late 1800s, when miners made the same trip in search of iron ore.