Fortescue Metals Group’s latest ore carrier has arrived in Port Hedland, Western Australia.
Fortescue Metals Group has appointed Mark Barnaba as co-deputy chair, joining Sharon Warburton in the role. Barnaba is already Fortescue’s lead independent director and chair, audit and risk management committee. Fortescue chairman Andrew Forrest said Barnaba and Warburton brought a wealth of experience and knowledge to the iron ore miner’s board. “Our board leads and empowers … Continue reading Fortescue makes key appointment
Gina Rinehart has again topped the Forbes Australia’s 50 Richest list. Rinehart’s fortune has almost doubled since Forbes’ previous list in January 2016 as iron ore prices have improved.
Nev Power’s tenure as chief executive officer of Fortescue Metals Group will come to an end in February next year.
The Western Australian Government may make changes to the state’s mining act following a High Court decision that blocked mining on Andrew Forrest’s cattle station in the Pilbara.
The Australian Mines and Metals Association (AMMA) has congratulated mining magnate Andrew Forrest and his wife Nicola for their $400 million dollar donation to philanthropic causes.
Mining magnate Gina Rinehart is once again Australia’s richest person after soaring commodity prices over the past year considerably boosted her fortune.
Mining services provider Programmed has set a goal to employ 5000 Indigenous Australians across its operations.
Andrew Forrest has failed in his bid to halt mining on his Pilbara family farm.
Fortescue Metals’ chairman Andrew Forrest has once again called for a probe into the increasing levels of iron ore oversupply.
Andrew Forrest’s investment in Impact Minerals caused the junior’s shares to climb 15 per cent on Friday.
There were no prizes for guessing the tycoon who topped the BRW 2015 Rich List in Australia, however a rough year for iron ore miners has seen stocks plummet and fortunes dwindle.
Andrew Forrest says he has no plans to sell his stake in Fortescue Metals Group.
Founder and chairman of FMG Andrew Forrest has called on the public to write to their local MPs and question whether Rio Tinto and BHP Billiton have a licence to operate in Australia.
In the face of growing criticism from FMG’s founder and chairman Andrew Forrest, BHP Billiton iron ore president Jimmy Wilson has sent a note to staff defending the company’s strategy.
The Australian Competition & Consumer Commission said FMG chairman Andrew Forrest does not have a case to answer after comments he made about capping iron ore production.
Fortescue Metals Group says comments made by its founder Andrew Forrest in relation to working with other companies to cap iron ore production were in line with the law.
The ACCC has asked FMG chairman Andrew “Twiggy” Forrest to explain calls for the world’s biggest iron ore producers to work together to put a cap on iron ore production.
The value of FMG shares have fallen by around 48 per cent this year, and Andrew ‘Twiggy’ Forrest stepped in to buy $11 million worth of them last week.
Poseidon Nickel has requested a trading halt before it tries to raise money for its Windarra project in Western Australia.