Fortescue Metals Group has taken another step toward meeting its pledge to find jobs for at least 300 Aboriginal workers, recruiting 11 Fitzroy Crossing graduates from its Vocational Training and Employment Centre in Port Hedland.
The board of iron ore miner Fortescue Metals Group will consider a $3.2 billion expansion of its Pilbara operations next month, the company said today.
Shares in Fortescue Metals Group have climbed to a new high of $6.25 this year after the company announced it has refinanced $US2.04 billion of its debt to help deliver further expansion for the iron ore miner.
Several mining and exploration companies will express concerns about the proposed minerals resource rent tax to the Policy Transition Group at its first meeting in Perth tomorrow.
THE Warden's Court has lifted the veil on tensions between rival iron ore miners Fortescue Metals Group and Gina Rinehart's Hancock Prospecting amid a wider battle between mining and agriculture in the Pilbara.
A major shareholder in Fortescue Metals is taking legal action against the miner and chief executive Andrew Forrest, over the possible issue of extra debt securities.
Perth-based iron ore junior BC Iron has announced it has begun infrastructure construction at its Nullagine joint venture with Fortescue Metals Group, with the mine on schedule to deliver its first iron ore shipment to port by December.
Fortescue Metals Group plans to partner with Chinese engineering group China Gezhouba Group to lift output at its Pilbara iron ore mines to 95 million tonnes per year.
A SERIES of moves by political staffers into roles linked to the resources sector reveals the growing need for corporate players to find their way around bureaucracy and political roadblocks.
Bibra Lake-based Mineral Resources says it is finalising the largest build, own, operate (BOO) crushing contract ever awarded in Australia for Fortescue Metals Group's Christmas Creek iron ore project in the Pilbara.
AN influx of new feature film and television productions in Western Australia has prompted one local producer to claim that Perth could become the next Hollywood.
One of Fortescue Metals Group's founding directors and key spokesmen, Graeme Rowley, will take a step back from his executive role at the miner and pursue projects including a Western Australian film.
Iron ore miner Fortescue Metals Group has nearly resolved the year-long dispute with its shipping charter contractors afte agreeing to pay more than $US20 million to one of the counterparties involved.
Fortescue Metals Group will spend $360 million to upgrade its Christmas Creek iron ore mine in the Pilbara to boost its total Pilbara output by 40 per cent to 55 million tonnes a year by mid 2011.
Fortescue Metals Group has settled its third shipping dispute, today agreeing to pay an upfront $6.1 million to a Greek shipping company which had launched a $US130 million lawsuit against the iron ore miner last year.
NO matter which way you cut it, the 2008-09 financial year was a shocker for investors in local companies, with only 110 of the 730 or so Western Australian-listed companies managing a positive return of any sort.
Fortescue Metals Group says a proposed $US6 billion funding agreement with Chinese banks will give it optimum flexibility to expand its Pilbara iron ore operations to meet demand from Chinese customers.
Iron ore miner Fortescue Metals Group has agreed to a price for all the iron ore it sells to Chinese steel mills for the six months to the end of December.
Fortescue Metals Group has released a maiden resource for its Glacier Valley tenement area in the Pilbara, which is subject to a joint venture with China's Baosteel Group Corporation.
BC Iron is one step away from receiving full support from Fortescue Metals Group for its $43 million Pilbara iron ore project, with the miner requesting one further test.
Engineering firm Lycopodium says it has been awarded part of an optimisation contract by Fortescue Metals Group for work on the Cloudbreak iron ore mine in the Pilbara.
Fortescue Metals Group says it is closely watching relations between China and Australia following the detention of four Rio Tinto staff as it forecasts a lift in demand in the short-term from Asian steel mills.
The board of BC Iron has given the go-ahead for the development of its $43 million Nullagine iron ore project in the Pilbara, but will need approval from new joint venture partner Fortescue Metals Group.
IS the commercial centre of the Pilbara moving west? BHP Billiton's proposed merger of its iron ore operations with those of Rio Tinto is the latest indication of the dynamic shift under way in the north-west, one that will tend to favour Karratha as the
Aquila Resources and Fortescue Metals Group have teamed up to investigate the potential for shared development of port facilities at Anketell Point in the Pilbara.
Fortescue Metals Group executive director Graeme Rowley has pocketed more than $2.3 million after selling a sizeable chunk of shares on the Australian market.
The trading halt in shares of BC Iron has been turned into a suspension, as the mining junior continues to negotiate the details of access to Fortescue Metals Group's rail and port facilities in the Pilbara.
Fortescue Metals Group will make an upfront payment of $32 million and restructure a shipping arrangement as part of a settlement to a dispute with a shipping company.
