iron ore

BHP’s development of the South Flank iron ore project in the Pilbara is gathering pace with the miner awarding another early stage contract.

BGC Contracting’s track record as a collaborative mining services partner is serving the company well as it pursues growth to its contract portfolio.

Iron ore imports at the port of Port Hedland for July this year reached 135,000 tonnes, a 29 per cent increase from the same month in 2016.

Fortescue Metals Group chief executive Nev Power expects the volatility in the iron ore market to settle over the next six to 12 months.

The Diggers and Dealers Forum in Kalgoorlie is anticipating its largest turnout since 2013 when this year’s event is launched on Monday.

Rio Tinto improved its financial performance almost across the board during the first half of 2017. However, Rio did not meet the forecasts of analysts.

BHP has awarded Fluor a project and construction management services contract at the South Flank iron ore project in the Pilbara region of Western Australia.

Fortescue Metals Group has repurchased the Solomon Power Station in the Pilbara region of Western Australia from TransAlta Corp.

The doom-and-gloom surrounding the future of the price for iron ore remains on the back burner after its value spiked more than 7 per cent over night.

Rio Tinto plans to grow the number of contracts it awards to Western Australian suppliers through a fresh approach to procurement.

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.

The United Kingdom’s Serious Fraud Office says it has opened an investigation into suspected corruption by Rio Tinto in Guinea.

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 has soared through $US70 a tonne for the first time since April. In overnight trading iron ore continued a recent rise in value, improving by 2 per cent to finish at $US70.24 a tonne.

A 2.6 billion-year-old rock has travelled almost 14,000km from Western Australia’s Pilbara region to London to feature in an exhibition at the Natural History Museum (NHM).

BHP increased production at its Western Australian Iron Ore (WAIO) operations by 4 per cent in the 2017 financial year.

The chairman of new Arrium owner, Britain’s GFG Alliance, has reinforced the company’s commitment to the South Australian steel-maker and iron ore miner’s management, staff and unions.

Arrium’s committee of creditors has backed the sale of the steel and iron ore mining company to Britain’s GFG Alliance.

Iron ore will average below $US50 a tonne next year and remain under that mark through 2019, according to the latest forecasts from the Department of Industry, Innovation and Science.

Iron ore miner Mount Gibson has terminated an off-take agreement with China’s Sinogiant Steel Holdings Group.