Articles On Fenix Resources (ASX:FEX)

Is this what winning a trade war looks like? Chinese sanctions on our wine, coal and lobster pale in comparison to the mammoth prices being paid for Australian iron ore. In fact, the Aussie government could rake in an extra US$34 billion ($...

The company’s 100%-owned, flagship Iron Ridge Iron Ore Project is a premium DSO deposit that hosts a JORC 2012-compliant resource located around 486 kilometres by road from Geraldton port.

Fenix Resources recently made a strong start to life as an iron ore producer while Fe Limited aims to begin shipping iron ore product in the current quarter.

Iron ore 62 per cent fines prices were unchanged this week at US$188 per tonne Hard coking coal prices were up US$0.35 to $US111.13 per tonne at Queensland ports The Chinese steel industry has pointed the finger at the concentrated owners...

The company has appointed Scorpion Minerals to plan, manage and execute the early exploration phase at Pharos.

This is getting absurd. Iron ore was up another $US6.35 – or 3.4% — yesterday to $US191.45/t (CFR Tianjin port). That’s very close to all-time highs of ~$US200/t, reached in November 2007. The US iron ore price (62% fe) since late 2007. Pic...

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pr...

Michael Gable is an expert guest commentator for the Finance News Network, presenting “Stock Watch” each week – covering stock tips and shares on the Australian market (ASX). This video is dated 26 April 2021.  Shares covered: S&P/ASX 2...

The company expects a surge in production and shipments in the coming quarters in line with the streamlining of steady output at the project along with a likely fall in capital expenditures.

Fenix Resources (FEX) has opened strong on the ASX today after releasing its first quarterly financial report as a bona fide WA iron ore producer; The ...

Iron ore 62 per cent fines prices traded this week at $US182 per tonne, up $US7.45 on a week ago Hard coking coal prices were down $US2 on-week at $US105.10 per tonne at Queensland ports China’s steel reinforcing bar price is down $US9.55...

The company suspended road haulage to its Geraldton port storage facility on Sunday, April 11, and this has now resumed with electricity supplies in Geraldton restored.

Iron ore 62 per cent fines prices traded this week at $US174.55 per tonne, up $US3.65 on a week ago Hard coking coal prices were down $US1.50 on-week at $US107.10 per tonne at Queensland ports China’s steel reinforcing bar price is down $U...

Fenix Resources has suspended road haulage from the Iron Ridge iron ore mine to its port storage facility in Geraldton, Western Australia, due to the impact of cyclone Seroja. The cyclone crossed the coast between Kalbarri and Geraldton on...

The company suspended road haulage to its Geraldton port storage facility on Sunday, April 11, and expects to resume haulage as soon as electricity ...

Iron ore price predictions are all over the shop. lol.Clearly, no one has a clue where iron ore prices will end up. But we can tell you where they’ve been (and maybe where they’re going next). Prices are still at historically high levels, b...

Iron ore fines prices traded this week at $US168.90 per tonne, up $US11.80 on a week ago Hard coking coal prices were 45 US cents lower on-week at $US105.80 per tonne at Queensland ports China’s steel reinforcing bar price is up $US10 this...

Iron ore fines prices traded this week at $US157.10 per tonne, $US6.50 lower on a week ago Hard coking coal prices were $US2.40 lower on-week at $US106.25 per tonne at Queensland ports China’s steel reinforcing bar price is $US5 higher thi...

Fenix Resources has completed its ramp up at the Iron Ridge iron ore mine in Western Australia, with the company achieving its nameplate road haulage levels. The company has reached road haulage nameplate levels of 1.25 million tonnes a yea...

The Fenix Resources Ltd (ASX: FEX) share price is sinking today, despite the company announcing a ramp-up in production. At the time of writing, Fenix shares are down 2.19% for the day. The company is hoping to emerge as Western Australia’...

Completion of the ramp-up means that the iron ore miner will now be able to schedule two shipments per month of around 60,000 wet metric tonnes ...

Fenix Resources (FEX) has ramped-up iron ore production at its flagship Iron Ridge mine in Western Australia to a rate of 1.25 million tonnes (Mt) per ...

The board has thanked outgoing non-executive chairman Garret Dixon for his support during the company's transition from explorer to iron ore exporter

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pr...

Fenix Resources has set sail with its maiden iron ore shipment from the Iron Ridge project in Western Australia after overcoming mechanical issues. The Ya Tai 2 vessel left the Port of Geraldton after encountering issues on the carrier that...

The Western Australian high-grade iron ore producer’s maiden shipment has departed Geraldton Port on the Ya Tai 2 carrier.

Fenix Resources has suspended all loading operations of its maiden iron ore shipment after facing mechanical issues that resulted in an oil spill at Geraldton Port in Western Australia. The bulk carrier vessel, Ya Tai 2, is now facing a lik...

Fenix is pursing all available opportunities to export its iron ore products to cover the likelihood that the Ya Tai 2 will not be able to complete loading as originally scheduled.

The vessel due to take Fenix Resources' (FEX) first iron ore shipment from the Port of Geraldton is suffering mechanical issues; Authorities have ...

Iron ore fines prices traded this week at $US160.50 per tonne, up $US3.45 on a week ago Hard coking coal prices were 50 cents higher on-week at $US133.55 per tonne at Queensland ports China’s reinforcing bar price is at $US667 per tonne, d...

Fenix Resources has signed a joint venture (JV) agreement with Scorpion Minerals for iron ore tenements that are adjacent to its Iron Ridge project in Western Australia. The agreement covers tenements E20/953, which could be acquired by Sco...

The term sheet covers iron ore rights on two Scorpion tenements, totalling 384 square kilometres, adjacent to Fenix's recently commissioned Iron Ridge ...

Fenix can earn 70% of the iron ore rights by sole funding exploration and resource definition drilling to identify up to 10 million tonnes. 

The Fenix Resources Ltd (ASX: FEX) share price is trading nearly 2% higher at 26.5 cents a share today. The price bump follows the release of the company’s quarterly results. The company has experienced significant growth over the previous...

The December quarter was busy. In addition to signing port access and service agreements with Mid West Ports Authority, operator of the Port of Geraldton, FEX also acquired existing port facilities at the port.

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

After one of the most unique investment years on record, fund manager Stephen Scott reckons the Australian market will present more opportunities in 2021. As a principal at the Annapurna Microcap Fund (AMF), Scott has been deploying capital...

Fenix Resources (FEX) has officially kicked off production at its Iron Ridge iron ore project in Western Australia; Lump and fines products are being ...

The WA-based minerals explorer is transitioning to miner with production underway and the first shipment expected to take place in late January or early February next year.

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

FE Limited was up 40%, while Flinders Mines and Fenix Resources were up 40% and 9% respectively after iron ore retook the $US155 a tonne mark ...

MACA will proceed with an acquisition of Downer EDI’s surface contract mining business, Mining West, for $175 million, taking over $1.1 billion worth of contracts. The business comprises four large Western Australian contracts: Fortescue Me...

Iron ore producer Fenix Resources Ltd (ASX: FEX) share price has continued its rise, up 14% today amid a broader lift in ASX mining shares. This comes as iron ore price continues its rise to US$156 per tonne as of today. Moreover, the Feni...

Fenix Resources Limited (ASX:FEX) has skyrocketed on the exchange with the stock reaching a 52-week high of $0.240 (as on 4 December 2020 11:08 AM AEDT). The stock has gained good traction not only on the back of the rally in iron ore price...

Mineral Resources added 7.6 per cent to close at $34.28, Champion Iron rose 6.3 per cent to $4.89 and pre-production junior Fenix Resources rose ...

Binding agreements with Mid West Ports Authority secure a port allocation of 1.25 million tonnes per annum of iron ore to be exported utilising the Berth 5 shiploader.

The Fenix Resources Ltd (ASX: FEX) share price rocketed up 26% today on news it has secured a deal with Geraldton Port. The agreement will allow the company to export 1.25 million tonnes per annum of iron ore using the port’s shiploader. A...

Aspiring iron ore producer Fenix Resources (ASX: FEX) has achieved a key milestone in advancing its flagship Iron Ridge project after securing access at the Port of Geraldton to export its ore. The company has executed a binding agreement w...

Binding agreements with Mid West Ports Authority secure a port allocation of 1.25 million tonnes per annum of iron ore to be exported utilising the Berth 5 shiploader.