Articles On Fenix Resources (ASX:FEX)

Iron ore producer Fenix Resources (ASX:FEX) has made a play for fellow explorer CZR Resources (ASX:CZR), which is backed by well-known mining personality Mark Creasy. The pair have entered into a bid implementation agreement under which...

Mark Creasy has cleared the way for Fenix Resources to absorb his iron ore junior that was left in the lurch by Australia’s foreign investment umpire for more than a year.

Highlights:  The ASX 200 futures indicate a decline of 51 points (-0.61%) following weak leads from Wall Street.  The S&P 500 extended its selloff as tech stocks led losses, with Nvidia (NASDAQ:NVDA), Meta (NASDAQ:META), and Tesla...

Tempest Minerals (ASX:TEM) is continuing metallurgical study works and has further drilling planned at the company’s 100% owned Remorse magnetite iron discovery in Western Australia with final results due in Q2 2025. Speaking to Mining.c...

Highlights Over 5 tonnes of drill samples collected from a recent drilling campaign have been sent for metallurgical testing. Initial results, expected by March 2025, are likely to contribute to future project studies and development p...

Fenix Resources aims to triple its iron ore production in FY25 and Bell Potter analysts expect it to yield 5-6% pa over the next three years.

Majors see lower iron ore prices amid push to diversify Some junior iron ore miners still making handy cash  IGO and Tianqi ditch lithium plant expansion Monsters of Rock drills deeper into the ASX’s large cap mining stocks with mining sc...

Highlights: Major mining companies are experiencing challenges with iron ore prices due to changing global demand and increased supply. Dynamic shifts in China's steel market and export complications are impacting global iron ore and s...

If you have a high tolerance for risk, then it could be worth taking a look at the shares named below! That's because these two small cap ASX shares have recently been named as buys and tipped to rise strongly from current levels. Here's wh...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Rudi Filapek-Vandyck By Rudi Filapek-Vandyck, Editor Analysts at Ord Minnett have updated...

Fenix Resources (ASX:FEX) closed down 3.8% after growing its footprint in WA iron ore projects with two new tenements in the Weld Range, close to ...

The countdown to Christmas continues and the ASX200 closed down 0.06% at 8,309points. Industrials was the strongest performing sector, up 0.77%, followed by Health Care, up 0.6% and IT, up 0.53%. Discretionary and Financials were the...

Fenix Resources (ASX:FEX) has secured two tenements in Western Australia’s Weld Range, including the Beebynganna Hills Iron Ore Project and an exploration tenement.  Fenix, which has a market capitalisation of $190.96 million, says the n...

Fenix Resources Ltd (ASX:FEX) is expanding its footprint in West Australian iron ore projects with two new tenements in the Weld Range close to the company’s mining operations at Iron Ridge and Beebyn-W11. These acquisitions comprise the...

Crushed iron ore. Image: Graphic Resources/stock.adobe.comSpartan Resources’ historic Beebynganna Hills iron ore project in Western Australia has changed hands, with Fenix Resources taking on ownership. Beebynganna Hills is one of two WA t...

ASX mining shares are broadly lower with the materials sector the worst performer on Friday. The S&P/ASX 200 Materials Index (ASX: XMJ) is down 1.79% at the time of writing. The sector is vastly underperforming the broader market...

Capital continued to move through the junior mining sector on Monday 2 December, as several ASX-listed companies announced they were rattling the tin.  Everest Metals Corporation (ASX:EMC) is conducting a placement to raise $3.9 million...

Lithium and nickel markets settle as market looks for the bottom Trump’s election ends gold’s bull run … for now Copper, coal, iron ore retreat in absence of bazooka Chinese stimulus Up, Up, Down, Down is Stockhead’s regular check-up on h...

Mid-tier Fenix Resources has increased its stake in exploration company Athena Resources, becoming the company's largest shareholder.

Anglo American sells Queensland coal mines for up to US$3.8bn Buyer Peabody says Australia is the place to be to supply key Asian market Iron ore downside risks limited with steelmakers facing US tariffs: ANZ   Bulk Buys looks at this mon...

Fortescue (ASX:FMG) has escaped unscathed from its 2024 AGM, with investors backing its remuneration report and approving the delivery of millions of dollars worth of performance rights for co-CEOs Dino Otranto and Mark Hutchinson. Large in...

Ex-Rio and Arcelor Mittal executive Paul Berend says mainstream analysts have it wrong on iron ore’s future Now head of Canadian-focused junior Cyclone Metals, Berend says China’s need for the commodity remains strong At higher prices juni...

BHP says green technologies are replacing crummy property sector, remaining bullish on China’s steel market Whitehaven Coal avoids strike at AGM Rinehart rolls in the billions at Roy Hill Beset by activists, campaigned against by the Mini...

Fenix Resources Ltd (ASX:FEX) chairman John Welborn joins Proactive's Tylah Tully ahead of his appearance at IMARC 2024 to discuss the key ...

Highlights The current drilling program at the Yalgoo project involves about 5,000m of RC drilling, targeting the central region of the Remorse target. Tempest has launched a detailed fieldwork program at the Five Wheels project. The...

Of the 42 iron ore stocks tracked by Bulk Buys, just five are in positive territory in 2024 Spot prices have fallen from US$140/t to US$97/t, salvaged by a bump from Chinese stimulus plans this week But the top ASX iron ore stock of 2024,...

Chinese stimulus sends miners running in a broad rally Uranium miners lead as big dog banks pledge to support nuclear energy expansion Materials sector closes 2.42% higher, energy up 1.53% For months, Xi Jinping has kept miners stuck in b...

Iron ore falls, taking materials sector with it Westpac sees prices for Australia’s headline commodity heading to US$85/t Chalice Mining lifts as palladium prices rebounds   Iron ore is flirting with US$90/t and below, yet again, as China...

The S&P/ASX 200 Information Technology sector rose ~8% in August, despite a volatile month for global markets Global X said the Nasdaq had mixed performance driven by a combination of positive and negative factors  Wisetech Global rose...

S&P/ASX 200 recovers from heavy volatility early in the month to finish up 0.47% in August S&P Dow Jones Indices said mid-caps led the gains putting them ahead of large and small caps YTD Larvotto Resources rose on the back of Chin...

2000 words covering 11 ASX miners on a hectic FY results reporting day MinRes not keen on lithium M&A as prices scale the sea floor, while IGO beats on dividend Copper, gold, nickel and iron ore miners report   Mineral Resources (ASX:...

Cost support is still sitting in the US$80-100/t range, BHP says, despite jitters in the Chinese economy and steel market Iron ore was back above US$100/t yesterday with marginal ‘swing’ supply now covering a large portion of demand BHP no...

Operations: Fenix Resources Limited generates revenue from its mineral tenements in Western Australia, with segment adjustments amounting to A$311.38 ...

Mount Gibson Iron (ASX:MGX) is planning to conduct an on-market share buy-back of up to 5% of its issued shares as part of its capital management strategy, which will cost $20 million at the last closing share price of $0.33 per share. ...

Leeuwin Metals has uncovered Robe River style iron ore mineralisation at its West Pilbara project Relative stability in iron ore price makes it an interesting place for juniors, provided they’re in the right locale M&A and board disput...

Volatility remained the status quo as the ASX200 ended down 0.23%. The local bourse briefly touched into the green after lunch, but the mood was short-lived. The market almost immediately pared gains, sinking back into the red. There...

A new record has been set with more than 2,800 delegates attending this year’s Diggers & Dealers Mining Forum in Kalgoorlie. Forum Chairman Jim Walker tells Mining.com.au the number of attendees surpassed the previous record set in 2...

Fenix Resources (ASX:FEX) is considering diversifying into other commodities in the Mid West region of Western Australia once Beebyn-W11 comes online as its third operational iron ore mine in the region. Speaking to Mining.com.au on the...

Hotcopper members voted for an interview with Fenix Resources (ASX:FEX) Executive Chair John Welborn. Hotcopper’s Executive Producer Sonia Madigan asks him questions sent in by viewers, including his thoughts on Fenix’s mining, logistics...

S&P/ASX 200 had its best month of the year in July finishing up 4% to record high S&P Dow Jones Indices says large cap companies continued to lead the market in July Consumer discretionary and real estate topped July sector leaders...

The top 3 commodities for July include gold, lithium and copper Infini Resources tops the charts for the biggest monthly stock gain Labyrinth Resources soars on gold acquisition   Markets were as good as gold in July with the metal taki...

In today's Scan Lists: Fenix Resources (FEX), Global Data Centre (GDC), HMC Capital (HMC), Insurance Australia (IAG), Iress (IRE), Global X India ...

Momentum trading involves buying rising stocks and selling falling ones This works best during economic expansion, when market trends are stronger We take a look at three signals momentum traders use Momentum trading is a popular investme...

Iron ore explorer Athena Resources (ASX:AHN) shares went on a run yesterday after it named John Welborn its new non-executive Chairman and Garry Plowright as non-executive director. The junior explorer climbed as much as 150% to an intra...

Fortescue fronts the market after big loss on FY24 results and FY25 guidance Sandfire misses as well, Bellevue raises cash for expansion, Northern Star solid, Regis tanks on big 2025 guidance hit Coal miner Coronado the only real excitemen...

ASX and regional markets are sharply lower after Wall St tech crunch All 11 local sectors hit, InfoTech smashed hardest on -2.7pc Tissue Repair leads small caps on happy TGA approval news   The benchmark has followed sharp falls across...

Pure Resources jumps over 50% on high-grade garnet and copper Norfolk rises on imminent decision about Las Alteres uranium project Athena doubles with board changes and a scoping study of Byro magnetite project   Pure Resources (ASX:PR1)...

Mid-tier miner Fenix Resources has flicked the switch on construction of a $26 million Mid West iron ore mine.

Fenix Resources (ASX:FEX) is developing a new iron ore mine at the Beebyn-W11 deposit, after completing a Feasibility Study which demonstrated the project will provide “strong” returns over a seven-year mine life.  First production is ex...

In today's Scan Lists: Bell Financial, Emeco, Elders, Fenix Resources, Firefly Metals, Vaneck Gold Miners ETF, Goodman, Global X Physical Gold, ...