ASX:FMG

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ASX:FMG

Midday: ASX plunges after Wall St sell-off

14 Jan 2014 - ASX plunges after Wall St sell-off. Fortescue Metals Group Limited (ASX:FMG) and Mineral Resources Limited (ASX:MIN) drop after releasing the details of a lease deal.

Fortescue Metals spruiks its safety culture

03 Jan 2014 - Fortescue Metals Group Limited (ASX:FMG) spruikes its safety culture in the wake of the latest fatality at its West Australian operations.

RIO, BHP, FMG back to work post-cyclone

03 Jan 2014 - Western Australia’s biggest mining operations are getting back into gear after Tropical Cyclone Christine hit the state’s coast.

Outlook: ASX starts 2014 trading year

02 Jan 2014 - ASX starts 2014 trading year. Sydney-based stockbroker Charlie Aitken lists James Packer’s Crown Resorts Limited (ASX:CWN) as among his stock picks for 2014.

Market Wrap: ASX posts 15% gain over 2013

31 Dec 2013 - ASX posts 15% gain over 2013. The Australian share market has posted a 15 per cent gain over the year, but ended the last session of the year in the red.

Fortescue safety record questions raised

31 Dec 2013 - Questions are raised over Fortescue Metals Group Limited’s (ASX:FMG) safety record after the miner’s operations report the third fatality in three years.

Market Wrap: ASX continues to climb in 2013

30 Dec 2013 - ASX continues to climb in 2013. Shares in Forge Group Limited (ASX:FGE) rocket more than 50 per cent as it gears up to start work on a $830 million contract for the R…

Midday: Blue chips boost Aus shares

30 Dec 2013 - Blue chips boost Aus shares. Fortescue Metals Group Limited (ASX:FMG) reports a fatality at its Christmas Creek site.

Hockey blames MRRT for MYEFO gloom

18 Dec 2013 - Federal treasurer Joe Hockey this week lambasted the former Labor government for holding up roughly $15 billion in Coalition savings, with $13 billion of that emanati…

Outlook: Aus shares tipped to slip

12 Dec 2013 - Aus shares tipped to slip. Fortescue Metals Group Limited (ASX:FMG) is thinking about boosting its indigenous workforce by picking up sacked Rio Tinto workers from th…

Iron giants issue robust outlook

04 Dec 2013 - Some economists believe Chinese demand will support the Australian economy for longer than sluggish 2014 forecasts for the steel making commodity may suggest, a posit…

Outlook: Aus shares poised to plunge

03 Dec 2013 - Aus shares poised to plunge. Australia and New Zealand Banking Group (ASX:ANZ) and National Australia Bank Limited (ASX:NAB) continue to edge out their two big rivals…

Market Wrap: Aus shares plumb 6 week lows

02 Dec 2013 - Aus shares plumb 6 week lows. Ausenco Limited (ASX:AAX) shares plummet to all time lows after emerging from a trading halt on the back of a profit downgrade and revel…

Mining set to endure: BIS

14 Nov 2013 - Mining and resources will continue to be positive drivers of economic growth in Australia over the next five years, against expectations of a drop in mining investmen…

Market Wrap: ASX slumps 1.4% lower at close

13 Nov 2013 - ASX slumps 1.4% lower at close. Leighton Holdings Limited (ASX:LEI) maintains its full-year underlying profit guidance after posting a strong lift in its third quart…

Midday: ASX 0.5% down at noon

13 Nov 2013 - ASX 0.5% down at noon. Webjet Limited (ASX:WEB) shares slump in early trade after the travel retailer forecasts flat pre-tax earnings in the full year due to larger m…

Fortescue debt facility repriced

11 Nov 2013 - Fortescue Metals’ Group Limited (ASX:FMG) senior secured debt facility is repriced by lead arrangers Credit Suisse and JP Morgan.

Market Wrap: Aus shares widen weekly loss

08 Nov 2013 - Aus shares widen weekly loss. Qantas Airways Limited’s (ASX:QAN) stock takes off after announcing the closure of its Avalon heavy maintenance facility which will see …

Midday: ASX falls, miners sink, FMG sold

08 Nov 2013 - ASX falls, miners sink, FMG sold. Macquarie Group Limited (ASX:MQG) is reportedly gearing up to launch an all-cash bid for Lloyds Banking Group's Scottish Widows asse…

Market Wrap: Bank losses hit local bourse

07 Nov 2013 - Bank losses hit local bourse. Graincorp Limited's (ASX:GNC) chief dismisses opposition to the proposed $3.4 billion takeover of the Australian grain handler by a US g…

Fortescue to lower repayments

30 Oct 2013 - Fortescue Metals Group Limited (ASX:FMG) is looking to take advantage of favourable credit market conditions to lower the interest repayments on its debt.

Market Wrap: ASX closes 0.4% stronger

17 Oct 2013 - ASX closes 0.4% stronger. Fortescue Metals Group Limited (ASX:FMG) reaffirms its full year production guidance after increasing its September quarter output by 61 per…

QLD set to shorten red tape for miners

17 Oct 2013 - Queensland’s Newman government plans to fast track mining exploration leases in order to speed up mining development in the sunshine state.

Fortescue’s Forrest donates $65M

15 Oct 2013 - Fortescue Metals Group Limited (ASX:FMG) Chairman Andrew Forrest announces a $65 million cash gift to fund research at five universities.

BREE tips boost in fiscal ’14 export earnings

11 Oct 2013 - In the next five years Australia should earn an extra $55 billion from resource exports despite slower-than-expected growth in demand for its LNG, coal, gold and oil,…