Fortescue Metals Group (FMG) has today announced refinancing of $US500 million ($644.6 million) of $US2.16 billion ($2.78 billion) in pro forma senior unsecured notes.
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Gaines takes over from Power as Fortescue CEO
Elizabeth Gaines has officially become the chief executive officer of Fortescue Metals Group.
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Fortescue names female CEO Gaines to replace Power
Elizabeth Gaines has been appointed as Fortescue Metals Group’s next chief executive officer to replace Nev Power.
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Fortescue CEO receives ‘Legend in Mining’ award at IMARC 2017
Nev Power, the chief executive officer of Fortescue, has been awarded the 2017 Mines and Money Legend in Mining award at the International Mining and Resources Conference (IMARC) in Melbourne.
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Fortescue aims to diversify beyond iron ore
Iron ore miner Fortescue Metals Group hopes to diversify into new commodities to leverage the skills the company has developed at its Pilbara operations in Western Australia.
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Power to step down as Fortescue CEO
Nev Power’s tenure as chief executive officer of Fortescue Metals Group will come to an end in February next year.
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Diggers & Dealers: Fortescue CEO sees ‘uncharacteristically strong’ iron ore price
Fortescue Metals Group chief executive Nev Power expects the volatility in the iron ore market to settle over the next six to 12 months.
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Fortescue locks in Gaines as new CFO
Fortescue Metals Group has appointed one of its directors, Elizabeth Gaines, to the role of chief financial officer.
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Fortescue Metals chief complains about port fees
Fortescue Metals has blown the whistle yet again with fresh complaints against the Western Australian government, this time about the “impost” of port fees.
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Aboriginal-owned mine gains infrastructure access
Australia will soon see its first indigenous-owned iron ore mine, thanks to a deal struck with Fortescue Metals Group.
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FMG pledges support for tax reform debate
The five biggest players in the Australian mining industry are scheduled to give evidence at today’s senate inquiry hearing into corporate tax avoidance.
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Contractor fined $115,000 over death at FMG’s Christmas Creek mine
Crushing Services International has been fined $115,000 for the death of a worker at Fortescue Metals Group’s Christmas Creek mine last year.
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FMG CEO Nev Power joins Barnett in Rio Tinto, BHP fight
Fortescue Metals Group chief Nev Power said he understands Western Australia Premier Colin Barnett's frustration at Rio and BHP over their iron ore expansion plans.
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FMG to switch to gas, pay down $2.5 billion in debt
Fortescue Metals boss Nev Power said FMG has plans to make $2.5 billion in debt repayment over the next 18 months.
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Contractor charged over death at FMG’s Christmas Creek mine
The employee of a worker killed at Fortescue Metals Group’s Christmas Creek operation in August last year has been charged for failing to provide a safe working environment.
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Fortescue Metals Group achieves record iron ore rate
Fortescue has achieved a record 160 million tonne annualised run rate in June, as it acheives revenues of US$11.4 billion.
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Fortescue cashes in as profit surges
Fortescue Metals Group has more than tripled its half-year profit to a record $US1.71 billion, as cost cutting measures and expansion plans pay off for the world’s fourth largest iron ore miner.
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Fortescue speaks out on safety [video]
Following a spate of serious incidents at Fortescue’s operations, company CEO Nev Power has spoken out about its stance on safety.
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Twiggy to get hefty reward as FMG posts profit jump
Fortescue Metals Group founder and Chairman Andrew “Twiggy” Forrest will cash in a dividend of more than $102 million after his company’s 2013 profit and dividend surpassed expectations.
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Stable iron ore prices defy investor expectation
Iron ore investors are on edge as they prepare for iron ore prices to start dropping at this time of the year.
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