News Articles for Fortescue

‘UNPRECEDENTED' would be an apt word to describe demand for the services of family owned and operated Wallis Drilling, which has done surface drilling work for some of the biggest open-pit miners s

The rapid expansion of the WA mining industry over the past decade has mostly been good news for mining contractors, but the benefits have not always come as expected.

Fortescue Metals Group non-executive chairman Andrew Forrest has bought 12.7 million shares on-market at a cost of $62 million, bringing his stake in the WA iron ore miner to 995 million shares cur

Fortescue Metals Group chairman Andrew Forrest has increased his stake in the iron ore miner to just over 32 per cent, contrary to market speculation he was set to tip nearly $300 million into the

The Western Australian CEO Sleepout has raised $700,000 and counting after a successful 2012 event which culminated in 106 CEOs staying at the WA Cricket Association ground last night.

Mining contractor Brierty has announced a $39 million contract win at Fortescue Metals Group's Cloudbreak iron ore mine in the Pilbara.

CENTRAL Systems has had a strong four years, with staff numbers tripling to 175 and turnover growing six-fold as new services have been added and new clients won across a wide range of industries.

The past year has been a whirlwind for businesses that have featured in the Rising Stars awards, with some rising to greater heights while others have faced major challenges.

In McNally Group's first year of operations, in the 2008-09 financial year, the modular building company turned over $439.

Iron ore miner Fortescue Metals Group has taken another step towards development of its extensive magnetite deposits in the Pilbara, annuncing plans to transfer the assets into a Hong Kong company

Fortescue Metals Group has secured a $US490 million finance facility to help fund its 155 million tonne per year expansion ambitions.

AS the world enters its fifth year of economic turbulence and even the best-insulated businesses in Western Australia are being affected, the factors that determine business influence in this state

FORTESCUE Metals Group has stepped up its backing of the Kookaburras Australian men's hockey team with a two-year deal to become its major sponsor, signing up just weeks before the gold medal favou

Construction and contracting company Decmil Group has announced new contract wins collectively worth $137 million, including a major new deal with Fortescue Metals Group.

Huge potential could be added to WA's export terminals capacity over the next decade.

Two major rail freight operators are pursuing growth opportunites in WA's mining sector.

The state government is spending record amounts on capital works projects but setting priorities and meeting demand remain major challenges.

Fortescue Metals Group's third quarter iron ore production fell below guidance as a result of cyclones in Western Australia.

CHINA'S decision to slow national growth has cast doubt over the strength of the iron ore trade and led to uncertainty about the sector's outlook, at least in the near term.

Across the Pilbara, in the Mid West, Yilgarn and Great Southern, WA's iron ore sector is planning substantial growth.

Forge Group subsidiary Cimeco has won a $125 million civil and concrete works contract at Fortescue Metals Group's Solomon Hub iron ore project in the Pilbara.

There are some first-rate local stocks out there if you look beyond the headlines.

Fortescue Metals Group has hit back at Treasurer Wayne Swan, calling his attack on company founder Andrew Forrest “extreme”, “irrational” and “very disappointing”.

FTI Consulting and Professional Public Relations are the top financial PR firms in Perth, WA Business News' annual corporate finance survey has found.

Iron ore miner Fortescue Metals Group has reported a solid rise in half-year profit today but also disclosed an expected jump in costs and delays to its ambitious expansion strategy in the Pilbara.

The state's environmental umpire has given its conditional approval to Fortescue Metals Group's plans to expand its Cloudbreak iron ore mine in the Pilbara.

THE iron ore landscape in the Pilbara region is consumed by expansion as miners plan to capitalise on rising prices and strong demand from China.

Three indigenous groups across Western Australia have found different ways to pursue training, employment and financial goals for their people.

It's not often you get to see a two-horse race with more than $10 billion riding on the result, but in Western Australia today that is precisely what's happening in the iron ore industry.

ECONOMIC development is the answer to indigenous liberation in Australia, facilitated through procurement and contracting of indigenous corporations and joint ventures.

Western Australia's mining sector, including some of the state's largest mining companies, has received $6 million through a state government program designed to encourage exploratio

THIS year's salary survey shows that it's not just the chief executives at the top end of town who have mouth-watering incomes.

THREE trends stand out when the salary packages of newly appointed chief executives at Western Australian companies are examined.First,the bigger the company the higher the salary.

Executive remuneration is a hot political issue but the controversy does not seem to have slowed growth in pay packets at WA companies.

UPDATE: Fortescue Metals Group has vehemently denied claims from a native title group that it is operating unlawfully with regards to Aboriginal heritage at one of its Pilbara mines.

Perth-based engineering group RCR Tomlinson has won a $600 million contract with Fortescue Metals Group for works at Fortescue's Solomon iron ore project in the Pilbara.

A joint venture led by US-owned construction contractor Kiewit Australia, which is a new player in the local mining sector, has won a $247 million contract from Fortescue Metals Group for works on

IT is hard to know whether Fortescue Metals Group's recent suggestion that it would be comfortable with a joint venture to develop the proposed Anketell Port is some form of concession or simply br

ALONG with finance, having access to appropriate infrastructure, such as ports and railways, is another critical factor for mining companies.

Keen demand for commercial space in central Perth is driving a surge in office redesign and fit-out work, attracting new players to the Western Australian market and creating opportunities for esta