ASX:FMG

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ASX:FMG

Fortescue wins rail access appeal

17 Sep 2012 - Fortescue Metals Group Limited (ASX:FMG) moves closer to gaining access to BHP Billiton Limited's (ASX:BHP) and Rio Tinto Limited's (ASX:RIO) Pilbara rail network aft…

RBA optimistic on China steel demand

17 Sep 2012 – Australia’s central bank has predicted China's steel demand will remain robust and only peak in 2023.

Market Wrap: ASX rallies to four month high

14 Sep 2012 - ASX rallies to four month high. After a turbulent week Fortescue Metals Group Limited (ASX:FMG) enters into a trading halt to prepare a statement on its current debt …

Midday: Aus shares soar on US stimulus

14 Sep 2012 - Aus shares soar on US stimulus. Crown Limited (ASX:CWN) has raises $532 million via a subordinated notes offer.

Market Wrap: ASX down ahead of Fed outcomes

13 Sep 2012 - ASX down ahead of Fed outcomes. Shares in Fortescue Metals Group Limited (ASX:FMG) plunge after reports emerge the miner has requested its lenders waive all debt cove…

S&P puts FMG on credit watch

13 Sep 2012 - Fortescue Metals Group Limited (ASX:FMG) has had its BB- corporate credit and issue ratings placed on CreditWatch with negative implications by Standard & Poor's.

BC Iron and Cleveland Mining dance Brazilian tango

12 Sep 2012 - There has been much speculation and breath holding in anticipation of what may be the next project or destination for Pilbara iron ore producer BC Iron (ASX:BCI).

Iron ore stocks set to recover

12 Sep 2012 - Investment advisor Gary Glover takes a technical look at Shanghai composite index, All Ords, S&P 500, S&P/ASX200, Gold, FMG, AGO, BLY, ALQ, BBG, QAN, WOW, WES, ANZ.

Market Wrap: ASX snaps three day winning streak

11 Sep 2012 - ASX snaps three day winning streak. Fortescue Metals Group Limited’s (ASX:FMG) lender has reportedly extended the deadline of a $US1.5 billion loan.

Andrew Forrest: His role, fight & passion

10 Sep 2012 - Andrew Forrest discusses his role at Fortescue Metals Group Limited (ASX:FMG), his fight against the mining tax and passion for philanthropy.

Market Wrap: Aus shares boosted by mining stocks

06 Sep 2012 - Aus shares boosted by mining stocks. Australia and New Zealand Banking Group (ASX:ANZ) customers were handed a victory by the High Court.

Midday: ASX extends gains on jobs data

06 Sep 2012 - ASX extends gains on jobs data. Qantas Airways Limited (ASX:QAN) gains after announcing an extensive global aviation partnership with Middle East airline Emirates.

NRW hit by Fortescue cost cutting

06 Sep 2012 - NRW Holdings Limited (ASX:NWH) outlines the anticipated impact of Fortescue Metals Group Limited’s (ASX:FMG) recently announced cost cutting measures.

Commodity prices retreat to 20 month low

06 Sep 2012 - Commodity prices have retreated 3 per cent in August in foreign currency terms, according to the Reserve Bank of Australia's index of commodity prices.

Outlook: Aus shares await jobs data

06 Sep 2012 - Aus shares await jobs data. Iron ore explorer Flinders Mines Limited (ASX:FMS) shrugs off fears surrounding the plunging price of iron ore, as shares in Fortescue Met…

Market Wrap: Resources push ASX down 0.6%

05 Sep 2012 - Resources push ASX down 0.6%. Macquarie Group Limited (ASX:MQG) is reportedly being threatened with sanctions after Australia's corporate regulator identified complia…

Fortescue sells Pilbara asset for $300M

05 Sep 2012 - Fortescue Metals Group Limited (ASX:FMG) sells its Solomon power station in the Pilbara region of WA for $US300 million.

Outlook: Aus shares set for a soft start

05 Sep 2012 - Aus shares set for a soft start. Rio Tinto Limited (ASX:RIO) welcomes the deferment of Fortescue Metals Group Limited’s (ASX:FMG) expansion plans in the Pilbara.

Market Wrap: Aus shares steadily decline

04 Sep 2012 - Aus shares steadily decline. Banking regulator Australian Prudential Regulation Authority has been asked to provide further disclosure at National Australia Bank Limi…

FMG banks on Chinese domestic demand

04 Sep 2012 - Fortescue Metals Group Limited’s (ASX:FMG) CEO Nev Power discusses the future of FMG, where he sees the spot iron price into 2013 and maintains confidence in China’s …

Fortescue cuts costs, staff, expansion

04 Sep 2012 - Fortescue Metals Group Limited (ASX:FMG) outlines plans to cut staff, spending and its expansion as a result of plunging prices for iron ore.

Outlook: Aus shares set to retreat

31 Aug 2012 - Aus shares set to retreat. Monadelphous Group Limited (ASX:MND) secures a construction contract valued at $75 million for work at BHP Billiton’s Jimblebar mine in Wes…

Iron ore plunges below $US100

30 Aug 2012 - How far will iron ore prices fall? Analysts warn we could see the price retreat to $US83. The government says it will scrap a floor price for carbon permits from 2015…

Predictable as Groundhog Day

29 Aug 2012 - Investment advisor Michael Gable takes a technical look at S&P/ASX200, WPL, AMP, FMG, CLO, FGE, IMD.

Market Wrap: ASX dips on China data

23 Aug 2012 - ASX dips on China data. QR National (ASX:QRN) lifts its full year net profit by 22 per cent, confirms plans to shed workers and announces a share buyback.