News Articles for Fortescue

Fortescue Metals Group has vowed to focus on reducing its debt by 30 or 40 per cent following the official completion of its $US2.4 billion port expansion at Port Hedland.

A 10-year old commitment by Fortescue Metals Group to the state government has come back to bite the iron ore miner, after it was told it must commence negotiations for third-party access to its Pi

Treasury sounds budget alarm

The Perth arm of charity Ronald McDonald House has done a better job than most listed companies in a tight capital market, topping its $20 million campaign goal well ahead of schedule.

The fun started early at the annual Diggers & Dealers forum in Kalgoorlie yesterday with delegates bravely predicting a higher gold price, to which the market responded by driving the gold pric

Andrew Forrest's Fortescue Metals Group has claimed a major milestone in its efforts to spark indigenous development, announcing a series of new contracts that double its deals with Aboriginal busi

Privately-owned contractor Barber Drilling laid off all of its staff on Friday, after being hit by the slowdown in the iron ore sector.

Rudd calls post-boom election

A slowdown in the mining sector could have positive flow-on effects for employers in other industries, Business News' annual survey of the state's 100 largest employers has found.

Perth-based FIRM Construction has been selected by German mining machinery manufacturer Wirtgen Group to build a $40 million sales and service facility in South Guildford.

Iron ore miner Fortescue Metals Group has reported strong production results for the June quarter, with output up, costs falling and cash flow improving, giving the company more flexibility as it e

Fortescue Metals Group has been recognised as one of six Australian companies for its contributions to the growth of commercial ties between Australia and China.

Investors who kept their money in Australia's top blue chip stocks enjoyed great returns in the 2012-13 financial year.

Perth-based contractor OTOC announced today it has acquired full ownership of a 700 person commercial kitchen/diner facility at a Fortescue Metals Group site.

Fortescue Metals Group says its Pilbara rail network is at capacity and any move to allow Brockman Mining access would result in reduced state iron ore royalties and federal taxes, and ultimately l

Cleveland Mining Company managing director David Mendelawitz will temporarily relocate to Brazil to oversee the company's gold mining operations, following the resignation of chief executive Peter

Bowen says RBA could cut rates more

Rudd's populist policy fix

Perth builder Gavin Construction has officially ceased trading, capping off a horror month that has seen six significant Western Australian businesses in contracting, engineering and mining fall into administration or receivership.

Great artists of the 20th and 21st centuries feature in the third exhibition to come from New York's Museum of Modern Art.

Brockman Mining says the price it should pay for access to Fortescue Metals Group's Pilbara railway should be no more than 88 cents per tonne, a fraction of previous estimates by FMG.

Peter Blackburn had to dig deep to turn his 'great idea' into a successful business.

Two years ago, Viento Group was a battling property investment company treading water.

New growth opportunities will be few and far between for mining contractors, who are under pressure to trim their rates.The irony was inescapable.

The two big mining contractors that dominate the underground sector have very different recent histories, but face similar challenges.

Andrew Forrest has been appointed as chair of the Art Gallery of Western Australia Foundation council.

Leighton Contractors has secured a $1.3 billion deal with Fortescue Metals Group for work at the Kings iron ore deposit, adding to a $1.5 billion deal Leighton signed last year at the neighbouring

Abbott widens gap as preferred PM

Western Australian CEOs have raised more than $1 million as part of the St Vincent de Paul Society's CEO Sleepout this week.

I have often wondered aloud, and in writing, if billionaire mining magnate Andrew Forrest's next career might be in politics.

Andrew Forrest rarely steps into the footsteps of others.

The decision to embrace diversity has helped Global Electrotech grow from a founding partnership of two formed in 2000 to 168 employees today specialising in the design, installation, commissioning

Seven years ago, an old hand in the mining industry and a former SAS sergeant major started a business providing housing solutions for companies operating in remote Western Australia.

Fortescue Metals Group has appointed Sharon Warburton as a non-executive director, from November, following the retirement of Geoff Brayshaw (pictured), who joined the WA iron ore miner in 2007.