Sentences with phrase «with iron ore»

The university's Dean of Business School Chris Doepel had already told me that this lecture, dedicated to Ms Rinehart's father Lang Hancock, had been organised after discussions with her iron ore and coal company, Hancock Prospecting.

One minute he is misguidedly complaining about the high non-cash depletion charges associated with his iron ore royalty (remember that from a few quarters ago???), the next he is rescinding a promise to return capital back to shareholders (the intended amount started high, went higher, then went to nothing, presumably because of the Pea Ridge investment).

At a time in the U.s. when some large steel plants that start with iron ore are being shut down, smaller plants that start with scrap steel and market a limited line of products locally are doing well

And last November, at Ponta da Madeira in northern Brazil, the Trade Daring broke its back while being loaded with iron ore.

As a result of the strong global demand for steel, coking coal producers negotiated an increase of around 120 per cent in contract prices, with iron ore contract prices generally rising by more than 70 per cent (Graph 39).

The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes.

But the two, along with iron ore, pared gains at the close as steel prices came off.

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.

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.

Perth - based Volta Mining, headed by former DMC Mining founder and managing director David Sumich, is venturing into central West Africa with the acquisition of its first iron ore project.

Resources giant Rio Tinto has reported a 34 per cent drop in its underlying first half profit to $ US5.2 billion ($ A4.9 billion), with lower prices for iron ore and other commodities the main reason fo

China's great environmental clean - up is starting to produce knock - on effects in Western Australia, with none more interesting than the «quality clash» in the iron ore sector.

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.

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.

OTOC Australia has been awarded a $ 3 million contract with NRW for the mine process plant in - ground services at the Roy Hill iron ore project in the Pilbara.

Sundance Resources boss Giulio Casello has taken a big pay cut as the company seeks to cut costs, with the Perth - based explorer also locking in a $ 1.3 million investment to assist in the search for a partner for its Mbalam Nabeba iron ore project in Africa.

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.

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.

Watpac Civil & Mining says it will resume limited works at Pluton Resources» Cockatoo Island iron ore project following discussions with the troubled miner's receivers, KordaMentha.

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.

Perth - based explorer Centaurus Metals has entered into an exclusive mandate for a $ 6 million working capital facility with RMB Resources» Australian subsidiary to fund development of its Candonga iron ore project in Brazil.

More than $ 12 billion of mining projects are in the pipeline for WA and likely to proceed, with major iron ore developments the biggest contributor.

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 millIron 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 milliron ore miner and its joint venture partner, now seeking about $ 52.8 million.

BC Iron has terminated a mining services contract with Watpac Civil & Mining three months early as it seeks to cut costs at its Nullagine joint venture operation in response to the plunging iron ore prIron has terminated a mining services contract with Watpac Civil & Mining three months early as it seeks to cut costs at its Nullagine joint venture operation in response to the plunging iron ore priron ore price.

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.

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 viabilIron 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 viabiliron 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.

Nextgen Group has signed a deal to supply Hancock Prospecting's Roy Hill iron ore project in the Pilbara with a high - speed data connection.

Fortescue Metals Group's Christmas Creek iron ore mine site has been raided for drugs by WA Police, working in cooperation with the company, as part of a crackdown of mine sites across the state.

NRW Holdings has accepted a payment of $ 30 million to settle its dispute with Samsung C&T over work on the Roy Hill iron ore project, despite having been awarded $ 35 million through adjudications under the Construction Contracts Act.

Sedgman's joint venture operation with Thiess has won a $ 64 million contract for the design and construction of a modular iron processing plant at Fortescue Metal Group's Solomon iron ore mine in Western Australia.

To best understand what's gone wrong with Western Australia's iron ore industry you need to start by looking back 12 years, to 2003, when an ambitious Andrew Forrest created Fortescue Metals Group.

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

Andrew Forrest's worst nightmare is that he will one day relive his painful experience with pioneering low - grade nickel ore processor Anaconda Nickel; so surely he must have suffered an «Anaconda moment» when the iron ore price fell below $ US50 a tonne overnight.

The environmental watchdog has given the green light for BHP Billiton's planned 80 million tonnes per annum South Flank iron ore development, with first ore targeted in 2021.

Fortescue Metals Group has announced major changes to its leadership, with a new chief executive taking the reins and its directors taking a hands - on role to support an updated strategy that focuses on producing more higher - grade iron ore.

One of the state's largest mining services companies has received a boost, with BGC Contracting securing a five - year contract extension worth $ 520 million at Cliffs Natural Resources» Koolyanobbing iron ore mine.

Rio Tinto's decade - long move towards autonomous haulage has hit a big milestone, with 1 billion tonnes of iron ore and waste material now transported by driverless trucks.

A ramp - up of iron ore exports has lifted annual throughput at Port Hedland to a new record of 460.4 million tonnes, with the combined Pilbara Ports Authority tracking for a figure of 633.5 mt per year.

Since then it's tanked — along with prices for copper, aluminum, and iron ore.

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.

Shanghai steel futures surged to a one - month high on Monday along with raw materials iron ore and coking coal, and the ripples are spreading globally, with LME copper futures hitting a three - month high.

Cliffs will always be a one - trick pony that will wax and wane with the price of iron ore, but it is much better positioned to handle those market swings and has immense potential should we see even a modest uptick in iron ore prices.

BHP is now looking at ways to fix the issue with the dumpers, but the problem took the gloss off a strong performance from the iron ore business, which accounts for about 40 per cent of BHP's profits.

Unexpected maintenance reliability problems with BHP's car dumpers — the giant machines that can pick up and empty a fully loaded rail car of ore — forced the resources giant to reduce iron ore production guidance for 2017 - 18 to between 272 million tonnes and 274 million tonnes, just down from its previous guidance of 275 million tonnes and 280 million tonnes.

Gold, iron ore and oil prices are seeing a rebound at the moment with many analysts believing that commodity prices have «bottomed out» and are eyeing gains, but Goldman Sachs has issued a warning on the current surge in commodities arguing that it is «not sustainable.»

Chinese demand for commodities, which were up 25 percent in 2016, is indeed skyrocketing, with imports of oil, iron ore, copper and soybeans reaching all - time highs last year.