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A service for mining industry professionals · Monday, February 3, 2025 · 782,729,617 Articles · 3+ Million Readers
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Fortescue Metals News Monitoring

  • Published on Jan 31, 2025

    Red Hawk MD says Fortescue rival bid seems 'unlikely'

    The fate of Fortescue's circa A$240 million takeover of its direct shipping ore neighbour, Red Hawk Mining, will likely be decided over the weekend, according to Red Hawk managing director Steven Michael....

    Source: Mining News - Label Pending
  • Published on Jan 30, 2025

    Fortescue to Acquire Red Hawk Mining

    Fortescue Ltd., through its subsidiary FMG Pilbara Pty Ltd, plans to acquire all shares of Red Hawk Mining Ltd. for cash consideration of A$1.05/share ($0.65/share), which implies an equity value of A$254 million ($158 million) for Red Hawk. Red …

    Source: Engineering & Mining Journal - Florida - Label Pending
  • Published on Jan 28, 2025

    Fortescue swoops on Red Hawk, targeting Blacksmith iron-ore project

    Australian resources heavyweight Fortescue has made a move to expand its iron-ore footprint, launching an off-market takeover bid for Red Hawk Mining on Tuesday. The ASX-listed company, founded by Andrew Forrest, has offered Red Hawk shareholders A$1.05 a …

    Source: Mining Weekly - Neutral
  • Published on 05:46 GMT

    Australian Market Trims Early Losses In Mid-market

    The Australian stock market is trimming its early losses in mid-market trading on Monday, snapping the three-session winning streak, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below …

    Source: RTTNews - Neutral
  • Published on 02:11 GMT

    Aussie shares, dollar plunge as Trump starts trade war

    Local shares and the currency have both plunged after US President Donald Trump fired the first shot in what promises to be a global trade war, imposing tariffs on China that could batter the economy of Australia’s biggest trading partner. Near noon on …

    Source: The West Australian - Center-right
  • Published on 08:18 GMT

    ASX 200 tumbles; US tariffs spark global trade concerns

    Australian shares tumbled on Monday, as fears of a global trade war surged following the United States' decision to impose tariffs on China, Canada and Mexico.   The S&P/ASX200 closed down 152.9 points, or 1.8%, at 8,379.4.   All 11 ASX sectors …

    Source: Azzet - Label Pending
  • Published on 07:45 GMT

    $2.5 million to help WA businesses via Government’s capability fund

    Round Region Organisation Name Regional Grant Amount Usage Aboriginal Business Round Gascoyne Tyler Contracting Pty Ltd Yes $5,731.36 Purchasing Equipment/Technology Aboriginal Business Round Kimberley Kimberley Agriculture and Pastoral Company Yes $16 …

    Source: The National Tribune - Center-left
  • Published on Feb 2, 2025

    ASX, $A tumble on trade war fears; Magellan sell-off rumbles on

    Donald Trump’s decision to impose a 10 per cent tariff on imports from China, and concerns about a global trade war led the ASX to its largest one-day loss in five months on Monday. The S&P/ASX 200 fell 1.8 per cent, or 152.9 points, to 8379.4 …

    Source: Financial Review - Center-right
  • Published on Feb 2, 2025

    The nine hot interiors trends to try this spring

    A new year brings with it a raft of new trends, which is not to say you’re expected or even encouraged to start afresh — that would be preposterous. Merely that you might like to consider the introduction of a colour (red), elements of an era (art deco), a …

    Source: The Times - Center-right
  • Published on Jan 31, 2025

    ASX 200 breaks record highs; tech and real estate lead

    The Australian sharemarket broke fresh all-time highs on Friday, closing out the week with strong performances from mining, real estate, and technology stocks.   The S&P/ASX 200 closed 38.6 points higher, rising 0.5% to a fresh record high of 8,532 …

    Source: Azzet - Label Pending
  • Published on Jan 31, 2025

    Australian shares scale new high as commodity stocks gain

    Australian shares rose to a record high on Friday, as mining, energy and gold stocks gained on strong underlying commodity prices, while bets of an interest rate cut as early as next month also kept market sentiment upbeat. The S&P/ASX 200 index …

    Source: Business Recorder - Neutral
  • Published on Jan 31, 2025

    Australian Market Halves Gains In Mid-market

    The Australian stock market has halved its early gains in mid-market trading on Friday, but extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well …

    Source: RTTNews - Neutral
  • Published on Jan 31, 2025

    Miners explore next-gen joint ventures in pursuit of sustainability

    The mining industry’s largest players are exploring cross-sector alliances to advance innovation programs and achieve sustainability goals. Matthew Johnson, Lachlan Poustie and Cynthia Urda Kassis ask which key elements should be considered when …

    Source: JD Supra - Label Pending
  • Published on Jan 31, 2025

    ‘Steam train mode’: Aussie shares set another record

    The local share market has hit another intraday record high and is all but certain to close at its highest level ever, eclipsing its previous best set eight weeks ago. At noon AEDT on Friday, the benchmark S&P/ASX200 index was up 48.6 points, or 0. …

    Source: Michael West Media - Left-wing
  • Published on Jan 30, 2025

    February 2025 ASX reporting season calendar

    An annual report will also outline a company's strategic priorities, its approach to corporate governance and, increasingly these days, its commitment to sustainability. What is a financial report? The financial report is the thing investors look most …

    Source: Money magazine - Neutral
  • Published on Jan 30, 2025

    Two more bidders join the hunt for Ravenswood

    Two more bidders have emerged as being in the mix for the Ravenswood gold mine, which is up for sale by Golden Energy and EMR Capital for about $2bn. Lining up to bid for the Queensland gold mine are Indonesian suitors Salim and United Tractors. That’s in …

    Source: Stockhead - Neutral
  • Published on Jan 30, 2025

    Asian Markets Mixed In Thin Holiday Trades

    Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after the US Fed left interest rates unchanged and noted inflation remains "somewhat elevated. Traders react to a hawkish Fed policy …

    Source: RTTNews - Neutral
  • Published on Jan 30, 2025

    Aussie shares hit record high as rate-cut hopes grow

    The share market hit an intraday record before moderating its gains, coming within a whisper of its highest finish amid growing expectations the Reserve Bank will cut rates in February. The benchmark S&P/ASX200 index on Thursday finished up 46.7 …

    Source: The West Australian - Center-right
  • Published on Jan 29, 2025

    Australian tycoon Andrew Forrest battles it out with oil giant ExxonMobil

    When it comes to stirring up trouble in corporate America, Andrew “Twiggy” Forrest is gaining quite a reputation. Last year, the Australian mining tycoon turned green campaigner doubled down on his long-running war with Meta – suing the social media …

    Source: MoneyWeek - Neutral

07 days 17:01:44

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