Sentences with phrase «ore miners»

When the game picks up, Kat's been taken in by the migrant Banga Settlement, a tribe of nomadic gravity ore miners.

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.

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.

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

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.

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.

China's maturing economy, not a conspiracy of collusion, is behind the actions of WA's two biggest iron ore miners.

If you're wondering why the outlook for iron ore remains grim despite last night's price rise to a three - month high of $ US63.10 a tonne, it is partly because Western Australia's iron ore miners have a new competitor — themselves.

As smaller iron ore miners scramble to cut costs to deal with falling prices, another hurdle looms — customers» preference for quality.

ANALYSIS: Rubbery figures and projections aside, WA's iron ore miners are breathing a little easier thanks to improving prices and a favourable exchange rate.

One feels sorry for BHP and RIO except when one remembers that BHP, RIO and Xstrata negotiated the MRRT without FMG, Hancock, or any of the other iron ore miners like Atlas, Mt Gibson, and BC Iron.

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.

Nev Power, former boss of world No. 4 iron ore miner Fortescue Metals Group, had criticised the speculative trade on Dalian, saying producers and users should be the main participants.

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.

Troubled iron ore miner Pluton Resources has been restricted from issuing a reduced content prospectus until next year because it failed to comply with reporting and disclosure obligations, the Australian Securities and Investments Commission says.

The board of iron ore miner Pluton Resources has regained control of the company after its major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.

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 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.

BC Iron is the first Western Australian iron ore miner to receive royalty assistance from the state government's relief package.

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.

Iron ore miner BC Iron has continued its run of cost saving initiatives at its Nullagine operation by awarding a $ 40 million road haulage contract to QUBE Holdings.

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.

Iron ore miner BC Iron has fallen into the red with a net loss of $ 158.5 million for the financial year, on the back of impairments and falling commodity prices, and has declared no dividend payout.

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.

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

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 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 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 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).

Pacific Energy chairman Cliff Lawrenson will add the top job at Atlas Iron to his list of roles after being appointed chief executive and managing director of the iron ore miner today.

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.

The legal battle between BC Iron and Watpac Civil & Mining has intensified with the mining services company serving a counterclaim to the iron ore miner and its joint venture partner, now seeking about $ 52.8 million.

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 payments.

Struggling iron ore miner Pluton Resources has fallen back into the hands of receivers and managers, less than six months after the board regained control of the company, as part of a new structuring proposal.

ANALYSIS: Recent numbers from iron ore miner Atlas Iron suggest it may be moving from survival mode to revival.

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 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 Associates.

Australian Aboriginal Mining Corporation chairman Daniel Tucker is confident the company will become the first Aboriginal - owned and operated iron ore miner this year, after signing a mine gate sales deal with Fortescue Metals Group.

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.

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.

Auditors for troubled iron ore miner Atlas Iron have warned there is «significant doubt» about Atlas» ability to continue as a going concern.

It came as fellow Pilbara iron ore miner BC Iron reported a $ 72.9 million net loss after tax for the December half, an improvement on a net loss of $ 96.3 million a year ago.

The reason for Australia's third - ranking iron ore miner traditionally being seen more as prey than predator is a function of its once sky - high debt levels, uncertainty about its ore grade, and a belief that at some point Forrest would be tempted to cash out of the company he created.

Auditors for troubled iron ore miner Atlas Iron have warned there is «significant doubt» about its ability to continue as a going concern due to «material uncertainties» relating to its proposed debt restructure and weak iron ore prices.

He owns a timber producer, a plastics maker, an iron ore miner, a casino, real estate, wineries â $» and the list goes on.

Not exact matches

News of Brazil - focused miner Crusader Resources achieving its first iron ore sales has excited the market with its share price jumping more than 16 per cent today.

The volatile iron ore price may have prompted reduced investment but many miners remain on track.