Fortescue Metals

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1d
iol.co.za
BHP could trim steel output, againSydney - Before BHP Billiton cut its forecast for China’s peak steel output thi
BHP could trim steel output, again
iol.co.za / Posted yesterday
Sydney - Before BHP Billiton cut its forecast for China’s peak steel output this week, CEO Andrew Mackenzie said he had his people go out to count air conditioning units, calculate the depths of basements and work out the amount of steel in each... Read more
1d
TheBull
Australian share market opens strongThe Australian Share market continues recovering from punishing recent losses,
Australian share market opens strong
TheBull / Posted yesterday
The Australian Share market continues recovering from punishing recent losses, with a strong opening encouraged by overseas gains. A second consecutive day of gains on Wall street capped off a global rally, pushing local shares higher. The Dow... Read more
2d
News.com.au
Errors, rush led to WA cyclone tragedybreaking news A STRING of assessment errors and too much haste led to the de
Errors, rush led to WA cyclone tragedy
News.com.au / Posted 2 days ago
breaking news A STRING of assessment errors and too much haste led to the death of two workers at a remote Pilbara construction camp that was smashed by a cyclone. KITCHENHAND Debra Till, 47, and excavator... Read more
2d
SKY News Business RSS
Aust market recovery continues on US leadA rebound in key overseas markets has helped push the Australian share market m
Aust market recovery continues on US lead
SKY News Business RSS / Posted 2 days ago
A rebound in key overseas markets has helped push the Australian share market more than one per cent higher. The ASX continued to recover from recent global volatility which saw it shed $64 billion earlier in the week, closing higher for the third... Read more
2d
Sky News Australia
Aust market recovery continues on US leadA rebound in key overseas markets has helped push the Australian share market m
Aust market recovery continues on US lead
Sky News Australia / Posted 2 days ago
A rebound in key overseas markets has helped push the Australian share market more than one per cent higher. The ASX continued to recover from recent global volatility which saw it shed $64 billion earlier in the week, closing higher for the third... Read more
2d
The Courier Mail
Errors, rush led to WA cyclone tragedyA STRING of assessment errors and too much haste led to the death of two worker
Errors, rush led to WA cyclone tragedy
The Courier Mail / Posted 2 days ago
A STRING of assessment errors and too much haste led to the death of two workers at a remote Pilbara construction camp that was smashed by a cyclone. KITCHENHAND Debra Till, 47, and excavator operator Craig Raabe, 42, died from their injuries in... Read more
2d
Perth Now
Wind shortcomings led to cyclone tragedyDevastation at the Fortescue Metals Group rail village about 100km south of Por
Wind shortcomings led to cyclone tragedy
Perth Now / Posted 2 days ago
Devastation at the Fortescue Metals Group rail village about 100km south of Port Hedland where two workers died. A WEST Australian coroner has pointed out shortcomings in how building surveyors assess wind regions after a cyclone smashed through a... Read more
2d
Perth Now
Strong start as market shakes it offTHE Australian share market is almost 1.5 per cent higher, following Wall Stree
Strong start as market shakes it off
Perth Now / Posted 2 days ago
THE Australian share market is almost 1.5 per cent higher, following Wall Street’s three per cent gains, a sign traders are shrugging off recent volatility. IG market analyst Angus Nicholson said it was a strong start for the Aussie market, and he’s... Read more
4 related stories
2d
Herald Sun
Strong start as market shakes it offTHE Australian share market is almost 1.5 per cent higher, following Wall Stree
Strong start as market shakes it off
Herald Sun / Posted 2 days ago
THE Australian share market is almost 1.5 per cent higher, following Wall Street’s three per cent gains, a sign traders are shrugging off recent volatility. IG market analyst Angus Nicholson said it was a strong start for the Aussie market, and he’s... Read more
4 related stories
2d
The Courier Mail
Strong start as market shakes it offTHE Australian share market is almost 1.5 per cent higher, following Wall Stree
Strong start as market shakes it off
The Courier Mail / Posted 2 days ago
THE Australian share market is almost 1.5 per cent higher, following Wall Street’s three per cent gains, a sign traders are shrugging off recent volatility. IG market analyst Angus Nicholson said it was a strong start for the Aussie market, and he’s... Read more
4 related stories
3d
Perth Now
Australian market recovers as China’s market risesTHE share market has followed other Asian markets higher as investors continue
Australian market recovers as China’s market rises
Perth Now / Posted 3 days ago
THE share market has followed other Asian markets higher as investors continue to take advantage of bargains created by Monday’s huge fall. It was another volatile session however, with the market falling around one per cent in early trade due to a... Read more
7 related stories
3d
WA Today
New Qantas lounge in Perth is open for businessMany of the frequent flyers in Perth are linked to the resources industry. Phot
New Qantas lounge in Perth is open for business
WA Today / Posted 3 days ago
Many of the frequent flyers in Perth are linked to the resources industry. Photo: Brent Winstone Qantas has opened a new domestic business lounge in Perth, complete with an Italian pizza bar, a wine bar, a 'make your own juice' station, a 'plate of... Read more
5 related stories
3d
Herald Sun
Australian market recovers as China’s market risesTHE share market has followed other Asian markets higher as investors continue
Australian market recovers as China’s market rises
Herald Sun / Posted 3 days ago
THE share market has followed other Asian markets higher as investors continue to take advantage of bargains created by Monday’s huge fall. It was another volatile session however, with the market falling around one per cent in early trade due to a... Read more
7 related stories
3d
The Courier Mail
Australian market recovers as China’s market risesTHE share market has followed other Asian markets higher as investors continue
Australian market recovers as China’s market rises
The Courier Mail / Posted 3 days ago
THE share market has followed other Asian markets higher as investors continue to take advantage of bargains created by Monday’s huge fall. It was another volatile session however, with the market falling around one per cent in early trade due to a... Read more
7 related stories
3d
TheBull
BC Iron LimitedREPORTING SEASON: (BCI) - BC Iron (BCI) posted a below consensus $158.5m annu
BC Iron Limited
TheBull / Posted 3 days ago
REPORTING SEASON: (BCI) - BC Iron (BCI) posted a below consensus $158.5m annual loss for the 12 months ended 30 June. The result was held back most by clay-related operational challenges and a $170.8m impairment charge due to falling... Read more
4d
Reuters UK Edition
BHP braces for more short-term volatility in iron ore marketA promotional sign adorns a stage at a BHP Billiton function in central Sydney
BHP braces for more short-term volatility in iron ore market
Reuters UK Edition / Posted 4 days ago
A promotional sign adorns a stage at a BHP Billiton function in central Sydney August 20, 2013. SYDNEY BHP Billiton (BHP.AX)(BLT.L), the world's biggest mining company, on Tuesday painted a bleak near-term outlook for iron ore producers after... Read more
8 related stories
4d
Bangkok Post - Thailand's English news
Commodity price slump hammers BHP Billiton's profitsSYDNEY - Global mining giant BHP Billiton Tuesday posted an 86.2 percent slump
Commodity price slump hammers BHP Billiton's profits
Bangkok Post - Thailand's English news / Posted 4 days ago
SYDNEY - Global mining giant BHP Billiton Tuesday posted an 86.2 percent slump in annual net profit despite slashing costs, as a collapse in Chinese demand for key raw materials hit hard. BHP Billiton's US$1.91 billion result in the 12 months to... Read more
39 related stories
4d
Canberra Times
The great commodity collapse in eight graphsMiners don't just wear helmets for safety while underground, they wear them for
The great commodity collapse in eight graphs
Canberra Times / Posted 4 days ago
Miners don't just wear helmets for safety while underground, they wear them for times like this. As if being the worst performed sector of the year was not bad enough, mining and energy companies were among the worst hit in Monday's market... Read more
5 related stories
4d
Brisbane Times
The great commodity collapse in eight graphsMiners don't just wear helmets for safety while underground, they wear them for
The great commodity collapse in eight graphs
Brisbane Times / Posted 4 days ago
Miners don't just wear helmets for safety while underground, they wear them for times like this. As if being the worst performed sector of the year was not bad enough, mining and energy companies were among the worst hit in Monday's market... Read more
5 related stories
4d
The Age
The great commodity collapse in eight graphsMiners don't just wear helmets for safety while underground, they wear them for
The great commodity collapse in eight graphs
The Age / Posted 4 days ago
Miners don't just wear helmets for safety while underground, they wear them for times like this. As if being the worst performed sector of the year was not bad enough, mining and energy companies were among the worst hit in Monday's market... Read more
5 related stories
4d
Sydney Morning Herald
The great commodity collapse in eight graphsMiners don't just wear helmets for safety while underground, they wear them for
The great commodity collapse in eight graphs
Sydney Morning Herald / Posted 4 days ago
Miners don't just wear helmets for safety while underground, they wear them for times like this. As if being the worst performed sector of the year was not bad enough, mining and energy companies were among the worst hit in Monday's market... Read more
5 related stories
4d
WA Today
The great commodity collapse in eight graphsMiners don't just wear helmets for safety while underground, they wear them for
The great commodity collapse in eight graphs
WA Today / Posted 4 days ago
Miners don't just wear helmets for safety while underground, they wear them for times like this. As if being the worst performed sector of the year was not bad enough, mining and energy companies were among the worst hit in Monday's market... Read more
5 related stories
5d
The Courier Mail
Iron ore tumbles below $US55Iron ore's stubborn resistance in the face of market tumult has crumbled overni
Iron ore tumbles below $US55
The Courier Mail / Posted 5 days ago
Iron ore's stubborn resistance in the face of market tumult has crumbled overnight as the commodity's price sunk over 4 per cent. At the end of the latest session, benchmark iron ore for immediate delivery to the port of Tianjin in China was trading... Read more
5d
Business Spectator
Fortescue digs inFortescue Metals was hammered in local trade on Monday -- and could be at risk
Fortescue digs in
Business Spectator / Posted 5 days ago
Fortescue Metals was hammered in local trade on Monday -- and could be at risk of further punishment today -- but the firm is adamant the action won’t force its hand on asset sales. Elsewhere, Boral eyes a major US divestment, South32 retains a... Read more
5d
Business Spectator
Iron ore tumbles below $US55Iron ore's stubborn resistance in the face of market tumult has crumbled overni
Iron ore tumbles below $US55
Business Spectator / Posted 5 days ago
Iron ore's stubborn resistance in the face of market tumult has crumbled overnight as the commodity's price sunk over 4 per cent. At the end of the latest session, benchmark iron ore for immediate delivery to the port of Tianjin in China was trading... Read more
5d
Business Spectator
European stocks dive over 5%Resources giants have been the hardest hit as the pan-European Stoxx Europe 600
European stocks dive over 5%
Business Spectator / Posted 5 days ago
Resources giants have been the hardest hit as the pan-European Stoxx Europe 600 closed 5.3 per cent lower, the biggest one-day decline since December 2008, as investors fret about global growth amid signs of a sharp slowdown in Chinese growth. The... Read more
5 related stories
5d
The Courier Mail
European stocks dive over 5%Resources giants have been the hardest hit as the pan-European Stoxx Europe 600
European stocks dive over 5%
The Courier Mail / Posted 5 days ago
Resources giants have been the hardest hit as the pan-European Stoxx Europe 600 closed 5.3 per cent lower, the biggest one-day decline since December 2008, as investors fret about global growth amid signs of a sharp slowdown in Chinese growth. The... Read more
5 related stories
5d
WA Today
Fortescue defends dividends and profits slumpFortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Me
Fortescue defends dividends and profits slump
WA Today / Posted 5 days ago
Fortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Metals Group has defended a decision to spend more than $60 million on dividends while it has $US7.2 billion of net debt, saying it is important for the company to... Read more
39 related stories
5d
Brisbane Times
Fortescue defends dividends and profits slumpFortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Me
Fortescue defends dividends and profits slump
Brisbane Times / Posted 5 days ago
Fortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Metals Group has defended a decision to spend more than $60 million on dividends while it has $US7.2 billion of net debt, saying it is important for the company to... Read more
39 related stories
5d
The Manila Times
Australia’s Fortescue profits dive on slumping Chinese demandAugust 24, 2015 10:03 pm SYDNEY: Australian miner Fortescue Metals on Monday p
Australia’s Fortescue profits dive on slumping Chinese demand
The Manila Times / Posted 5 days ago
August 24, 2015 10:03 pm SYDNEY: Australian miner Fortescue Metals on Monday posted an 88 percent slump in full-year net profit on the back of tumbling prices for the steel-making... Read more
39 related stories
5d
The Courier Mail
Bear on prowl as Australian shares plunge 16 per cent since MarchAUSTRALIAN shares are hurtling towards bear market territory, having plunged mo
Bear on prowl as Australian shares plunge 16 per cent since March
The Courier Mail / Posted 5 days ago
AUSTRALIAN shares are hurtling towards bear market territory, having plunged more than 16 per cent since March this year. Monday’s 4.1 per cent plunge means close to $250 billion has been wiped from the value of the benchmark ASX 200 since it almost... Read more
39 related stories
5d
The Age
Fortescue defends dividends and profits slumpFortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Me
Fortescue defends dividends and profits slump
The Age / Posted 5 days ago
Fortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Metals Group has defended a decision to spend more than $60 million on dividends while it has $US7.2 billion of net debt, saying it is important for the company to... Read more
39 related stories
5d
Sydney Morning Herald
Fortescue defends dividends and profits slumpFortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Me
Fortescue defends dividends and profits slump
Sydney Morning Herald / Posted 5 days ago
Fortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Metals Group has defended a decision to spend more than $60 million on dividends while it has $US7.2 billion of net debt, saying it is important for the company to... Read more
39 related stories
5d
Canberra Times
Fortescue defends dividends and profits slumpFortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Me
Fortescue defends dividends and profits slump
Canberra Times / Posted 5 days ago
Fortescue Metals Group's Andrew Forrest. Photo: Bohdan Warchomij Fortescue Metals Group has defended a decision to spend more than $60 million on dividends while it has $US7.2 billion of net debt, saying it is important for the company to... Read more
39 related stories
5d
WA Today
Chinese concern turns to panic and sparks region routThe Shanghai Composite Index led extreme losses on Monday. Photo: Chinatopix B
Chinese concern turns to panic and sparks region rout
WA Today / Posted 5 days ago
The Shanghai Composite Index led extreme losses on Monday. Photo: Chinatopix BEIJING – Deepening concerns over the health of the Chinese economy wreaked havoc on the country's sharemarkets on Monday, leading a deep sell-off throughout the region and... Read more
9 related stories
5d
iol.co.za
Iron billionaire slams ‘market vandalism’REUTERSA pile of iron ore at the Fortescue Solomon iron ore mine located in the
Iron billionaire slams ‘market vandalism’
iol.co.za / Posted 5 days ago
REUTERSA pile of iron ore at the Fortescue Solomon iron ore mine located in the Valley of the Kings, around 400km south of Port Hedland in the Pilbara region of Western Australia. File picture: David Gray Singapore - Iron ore prices collapsed this... Read more
39 related stories
5d
Brisbane Times
Chinese concern turns to panic and sparks region routThe Shanghai Composite Index led extreme losses on Monday. Photo: Chinatopix B
Chinese concern turns to panic and sparks region rout
Brisbane Times / Posted 5 days ago
The Shanghai Composite Index led extreme losses on Monday. Photo: Chinatopix BEIJING – Deepening concerns over the health of the Chinese economy wreaked havoc on the country's sharemarkets on Monday, leading a deep sell-off throughout the region and... Read more
9 related stories
5d
The Age
Chinese concern turns to panic and sparks region routThe Shanghai Composite Index led extreme losses on Monday. Photo: Chinatopix B
Chinese concern turns to panic and sparks region rout
The Age / Posted 5 days ago
The Shanghai Composite Index led extreme losses on Monday. Photo: Chinatopix BEIJING – Deepening concerns over the health of the Chinese economy wreaked havoc on the country's sharemarkets on Monday, leading a deep sell-off throughout the region and... Read more
9 related stories
5d
Perth Now
ASX ends worst day since GFCAUSTRALIA’S share market has plummeted by 4.1 per cent, putting an end to its m
ASX ends worst day since GFC
Perth Now / Posted 5 days ago
AUSTRALIA’S share market has plummeted by 4.1 per cent, putting an end to its most disastrous day of trading in six years. About $70 billion was stripped from the value of the nation’s companies as the market copped a major hammering amid worldwide... Read more
39 related stories
5d
Canberra Times
ASX: Chinese concern turns to panic and sparks region routThe Shanghai Composite Index led extreme losses on Monday. Photo: Chinatopix B
ASX: Chinese concern turns to panic and sparks region rout
Canberra Times / Posted 5 days ago
The Shanghai Composite Index led extreme losses on Monday. Photo: Chinatopix BEIJING – Deepening concerns over the health of the Chinese economy wreaked havoc on the country's sharemarkets on Monday, leading a deep sell-off throughout the region and... Read more
9 related stories
5d
Independent
The 10 things that happened in business today1. The FTSE 100 is expected to open 255 points lower –below the 6,000 point bar
The 10 things that happened in business today
Independent / Posted 5 days ago
1. The FTSE 100 is expected to open 255 points lower –below the 6,000 point barrier for the first time since January 2013. 2. Asian markets dropped were dragged down by growing fears over the Chinese economy this morning. The Shanghai Composite fell... Read more
5d
iol.co.za
Fortescue’s profit slumpsSydney - Australian miner Fortescue Metals on Monday posted an 88-percent slump
Fortescue’s profit slumps
iol.co.za / Posted 5 days ago
Sydney - Australian miner Fortescue Metals on Monday posted an 88-percent slump in full-year net profit on the back of tumbling prices for the steel-making commodity iron ore. Fortescue, one of the world's big four iron ore exporters along with... Read more
39 related stories
5d
Australian Broadcasting Corporation
Australian shares shed $64b following Chinese stock crashAustralian shares fall 4pc wiping $64b from market value; Chinese shares plunge
Australian shares shed $64b following Chinese stock crash
Australian Broadcasting Corporation / Posted 5 days ago
Australian shares fall 4pc wiping $64b from market value; Chinese shares plunge Photo:Can China arrest its economic slowdown? That was the question wiping $64 billion from Australian stocks.(AFP: Saeed Khan) The Australian share market has suffered... Read more
39 related stories
5d
The Age
Bloody Monday as $60 billion torched on sharemarketAussie shares' horror day on Chinese concern The Australian sharemarket suffer
Bloody Monday as $60 billion torched on sharemarket
The Age / Posted 5 days ago
Aussie shares' horror day on Chinese concern The Australian sharemarket suffered its worst day of losses since the global financial crisis as more than $60 billion of wealth was burnt on Monday and investors were bracing for more pain on... Read more
20 related stories
5d
Sydney Morning Herald
Bloody Monday as $60 billion torched on sharemarketAussie shares' horror day on Chinese concern The Australian sharemarket suffer
Bloody Monday as $60 billion torched on sharemarket
Sydney Morning Herald / Posted 5 days ago
Aussie shares' horror day on Chinese concern The Australian sharemarket suffered its worst day of losses since the global financial crisis as more than $60 billion of wealth was burnt on Monday and investors were bracing for more pain on... Read more
20 related stories
5d
Sydney Morning Herald
Chinese concern turns to panic sparking region routThe Shanghai Composite Index has plunged 5.7 per cent to 3,308, dropping it bel
Chinese concern turns to panic sparking region rout
Sydney Morning Herald / Posted 5 days ago
The Shanghai Composite Index has plunged 5.7 per cent to 3,308, dropping it below the key 3,500 level that has previously spurred government buying. Photo: Chinatopix BEIJING – Deepening concerns over the health of the Chinese economy wreaked havoc... Read more
9 related stories
5d
TheBull
Aussie market whacked by ChinaThe Australian share market has suffered its worst one-day drop in more than si
Aussie market whacked by China
TheBull / Posted 5 days ago
The Australian share market has suffered its worst one-day drop in more than six years to close at a two-year low. Markets around the world have plunged after manufacturing data out of China on Friday showed fresh signs of a slowdown in the Chinese... Read more
39 related stories
5d
TheBull
Daily earnings results round-upRESULTS ROUND-UP BOART LONGYEAR Summary: The drilling services company's boss
Daily earnings results round-up
TheBull / Posted 5 days ago
RESULTS ROUND-UP BOART LONGYEAR Summary: The drilling services company's boss has stepped down as its half year loss widened. Loss: $US152.3m, compared to a $US142.8m loss Share price: down 0.8 cents at 8.2 cents BLUESCOPE STEEL Summary: The... Read more
5d
WA Today
Bloody Monday as $60 billion torched on sharemarketAussie shares' horror day on Chinese concern The Australian sharemarket suffer
Bloody Monday as $60 billion torched on sharemarket
WA Today / Posted 5 days ago
Aussie shares' horror day on Chinese concern The Australian sharemarket suffered its worst day of losses since the global financial crisis as more than $60 billion of wealth was burned on Monday leaving investors bracing for more pain on... Read more
20 related stories
5d
SKY News Business RSS
Fortescue banks on Chinese stimulusFortescue Metals boss Nev Power is counting on the Chinese government's stimulu
Fortescue banks on Chinese stimulus
SKY News Business RSS / Posted 5 days ago
Fortescue Metals boss Nev Power is counting on the Chinese government's stimulus measures to boost demand for iron ore after the price slump in the commodity saw its full year profit dive 88 per cent. The miner, founded by Andrew 'Twiggy' Forrest,... Read more
39 related stories
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