Fortescue Metals Group chief executive Nev Power expects the volatility in the iron ore market to settle over the next six to 12 months.
Fortescue Metals Group has repurchased the Solomon Power Station in the Pilbara region of Western Australia from TransAlta Corp.
Fortescue Metals Group has hit its iron ore shipments target for the 2017 financial year, while also reducing its cash costs to a record low.
Fortescue Metals Group does not expect a court ruling that went against the company in favour of an Indigenous group will have any impact on its performance.
Iron ore miner Fortescue Metals Group has extended its mining services contract with Thiess at the Solomon Hub in the Pilbara region of Western Australia.
Fortescue Metals Group has awarded $100 million of new work to Aboriginal business and joint ventures at its iron ore operations in the Pilbara of Western Australia.
Fortescue Metals Group plans to deploy more autonomous haulage technology (AHS) at its iron ore operations in the Pilbara region of Western Australia.
Fortescue Metals Group has tapped into strong support from investors to complete a $US1.5 billion ($2.04 billion) bond offering.
It is time the Australian mining industry became serial innovators to unlock the next level of productivity gains. Ben Creagh writes.
The latest group of students from Fortescue Metals Group’s vocational training and employment centre (VTEC) in the Pilbara have graduated and will now embark on full-time employment at the company’s Christmas Creek mine.
Mining magnate Gina Rinehart is once again Australia’s richest person after soaring commodity prices over the past year considerably boosted her fortune.
Iron ore miner Fortescue Metals Group has welcomed its second ore carrier – FMG Grace – into Port Hedland.
The iron ore price has dropped to its lowest mark in almost a month after falling below $US90 a tonne overnight.
Iron ore miner Fortescue Metals Group has denied it will make an offer for Wesfarmers’ Curragh coal mine in Queensland.
Monadelphous has secured $120 million worth of new contracts and additional work for resources companies including Fortescue Metals Group and BHP Billiton.
Australian Mining brings readers the latest corporate appointments and departures impacting the local and international mining industry.
Iron ore miner Fortescue Metals Group has reported a strong rise in half-year profit off the back of soaring prices for the commodity.
Australian iron ore miner Fortescue Metals Group has reported a minor drop in shipments for the December 2016 quarter.
Australian Mining brings readers the latest corporate appointments and departures in the local and international mining industry, including the appointment of a managing director at Doray Minerals and Fortescue’s new CFO.
Fortescue Metal Group’s credit rating has been upgraded by S&P Global Ratings in a sign that the company’s productivity and efficiency initiatives are working.