ASX:FMG

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ASX:FMG

Midday: Aus shares move 0.8% higher

27 Nov 2012 - Australia and New Zealand Banking Group (ASX:ANZ) says it was keen to expand its presence in Thailand.

Forrest tips Fortescue growth rebounding

27 Nov 2012 - Fortescue Metals Group Limited's (ASX:FMG) founder Andrew Forrest affirms his confidence the iron ore miner’s growth will rebound.

Midday: Aus shares flat at noon

16 Nov 2012 - Aus shares flat at noon. Whitehaven Coal Limited (ASX:WHC) scales back its operations in Brisbane by cutting ten jobs in its business development unit and relocating …

Fortescue Metals steps into energy sector

16 Nov 2012 - Fortescue Metals Group Limited (ASX:FMG) steps into the oil and gas sector through buying an 18 per cent stake in Oil Basins Limited (ASX:OBL).

Mixed mining boom messages

18 Oct 2012 - Leading economists forecast a commodity price recovery as China’s growth recovers while the RBA cautions the outlook for mining investment in Australia might not be a…

Market Wrap: RBA minutes weigh on Aus shares

16 Oct 2012 - RBA minutes weigh on Aus shares. Rio Tinto Limited (ASX:RIO) announces a five percent third quarter rise in the Pilbara region’s iron ore production.

Outlook: Aus shares look to lift at open

16 Oct 2012 - Aus shares look to lift at open. Wesfarmers Limited (ASX:WES) reportedly launches a property portfolio review worth about $700 million.

Market Wrap: Aus shares close flat

15 Oct 2012 - Aus shares close flat. Amcor Limited (ASX:AMC) sells three of its Australasian flexible packaging plants to privately owned Australian company Integrated Packaging fo…

Midday: Aus shares flat after weak leads

15 Oct 2012 - Aus shares flat after weak leads. Origin Energy Limited (ASX:ORG) says its BassGas joint venture has resumed operations at the Yolla offshore platform in the Bass Str…

Fortescue completes credit facility

15 Oct 2012 - Fortescue Metals Group Limited (ASX:FMG) successfully completes its credit facility after increasing its value from $US4.5 to $US5 billion as announced last week.

Market Wrap: ASX steady, shy of weekly gain

12 Oct 2012 - ASX steady, shy of weekly gain. Shares in Billabong International Limited (ASX:BBG) plunge to record lows as suitor TPG walks away from a $694 million takeover bid.

Growth downgrades for Australia

11 Oct 2012 - The International Monetary Fund has trimmed its 2013 forecast for Australia's economy and warned of sluggish global growth for this year and next.

Fortescue forecasts iron ore recovery

11 Oct 2012 - Fortescue Metals Group Limited (ASX:FMG) believes it will emerge stronger after shelving expansion plans and cutting 1000 jobs in August.

RBA sees dim outlook ahead

04 Oct 2012 - RBA Governor Glenn Stevens presents a dim outlook for the year ahead with commodity prices remaining low on the back of softening global growth.

Market Wrap: Aus shares finish 1% higher

02 Oct 2012 - Aus shares finish 1% higher. Bank of Queensland Limited (ASX:BOQ) is the first bank to respond to the RBA’s interest rate decision, citing funding pressures in only p…

Midday: Aus shares climb ahead of RBA decision

02 Oct 2012 - Aus shares climb ahead of RBA decision. Qantas Airways Limited (ASX:QAN) says it will sell 50 per cent of its Star Track stake to Australia Post.

Outlook: ASX eyes gains before RBA call

02 Oct 2012 - ASX eyes gains before RBA call. Fortescue Metals Group Limited’s (ASX:FMG) founder Andrew Forrest will be in the spotlight when the High Court today rules on whether …

Market Wrap: ASX retreats from strong Q4 start

01 Oct 2012 - ASX retreats from strong Q4 start. Arrium Limited (ASX:ARI) surges 25 per cent on news the mining group, formally known as OneSteel, has received a $1 billion takeove…

Fortescue expansion plans get a boost

01 Oct 2012 - Fortescue Metals Group Limited (ASX:FMG) reaches a milestone in the pursuit of its iron ore production expansion in the Pilbara region of Western Australia.

Midday: Aus shares edge back on soft leads

25 Sep 2012 - Aus shares edge back on soft leads. Tasmanian timber company Gunns Limited (ASX:GNS) appoints a voluntary administrator after it failed to secure funds.

Export earnings to fall as commodities deflate

21 Sep 2012 - The value of resources and energy exports has been forecast to fall for the first time since fiscal 2009.

Market Wrap: China data weighs on ASX

20 Sep 2012 - China data weighs on ASX. OrotonGroup Limited’s (ASX:ORL) full year net profit increases by 0.5 percent to $25 million.

Market Wrap: ASX takes a breather to end flat

18 Sep 2012 - ASX takes a breather to end flat. Shares in Fortescue Metals Group Limited (ASX:FMG) rocket 17 per cent after the iron ore miner announces a deal to refinance its deb…

Fortescue secures $US4.5B credit facility

18 Sep 2012 - Fortescue Metals Group Limited (ASX:FMG) secures new debt facility of up to $US4.5 billion maturing in five years.

Market Wrap: Aus shares close 0.3% higher

17 Sep 2012 - Aus shares close 0.3% higher. Qantas Airways Limited’s (ASX:QAN) secures code share alliance with South African Airways for another two years.