Articles On Fenix Resources (ASX:FEX)

At the time of writing, shares in the iron ore junior are up 7.55% to 28.5 cents…. Click here to view the original article. Related Topics: ...

Ikwezi Mining (ASX:IKW) topped the latest Running Hot list with a 14-day RSI of 82, after two straight weeks where lithium stocks dominated. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength I...

It powers Australia’s economic engine room, but iron ore is sputtering after the spot price recorded its biggest single day drop on Friday since index pricing began. Fastmarkets saw iron ore prices for benchmark 62% fines to northern China...

Highlights  Iron ore prices slumped to eight-month lows on the rising concerns of coronavirus spread and expectations of slower economic growth. Iron ore prices had skyrocketed to record highs in May due to strong demand from the Chine...

BHP (ASX:BHP) has taken advantage of 2021’s astonishing boom in iron ore prices to shower shareholders with a record dividend and kickstart the transformation of the world’s biggest mining house. Its final payout of US$2 per share came off...

Iron ore prices slid to their lowest levels since April overnight, as speculation about Chinese steel production cuts delivered a hit to the Pilbara’s big iron ore miners. Prices fell 7.7% to US$169.30/t according to CommBank, while Fastmar...

Summary China’s decision to limit steel production in the second half of 2021 has taken a toll on iron ore prices. Iron ore prices have plummeted to nearly 20% in comparison to the all-time high levels. Despite closely monitoring and...

Iron ore prices fell to their lowest level in two and a half months on the back of noise about steel production cuts in China on Friday, only to moderate on Monday. A 7% flop in iron ore prices to a little over US$180/t to end last week wou...

PURE plays in the iron ore space such as Fortescue Metals Group, Mt Gibson Iron and Fenix Resources were hit hard Friday on the back of the bulk ...

Are Chinese steel margins on the way back up? Sliding and eventually negative steel margins in June led many analysts to the conclusion that high prices for iron ore would slide rapidly in the second half of the year as steel producers look...

The Fenix Resources Ltd (ASX: FEX) share price is rebounding today after a disappointing run of the week. This comes after the resource exploration company announced a positive update to the ASX this morning. At the time of writing, Fenix...

Managing director Rob Brierly said the fixed price was sufficient to cover the majority, if not the entirety, of Fenix's budgeted cost base. The swap ...

The ASX-lister’s iron ore swap arrangements fix a sales price over 45% of iron ore production that’s sufficient to cover the majority, if not the entirety, of its budgeted cost base.

The iron ore joint venture, which forms part of Scorpion’s Pharos Project, spans 373 square kilometres and lies immediately adjacent and contiguous to Fenix’s Iron Ridge operation, with multiple iron ore targets already identified across 15...

A review of historic data within Scorpion Minerals' (SCN) and Fenix Resources' (FEX) Pharos iron ore joint venture yields new drill targets warranting " ...

Tasmanian iron ore producer Grange Resources (ASX:GRR) has become well known for the quality of its iron ore and, while small in volume, makes up for it in tactical nous by supplying pellets that grade around 65%. The Caleb Daniel of the ir...

Robert Brierley has exercised 2 million unlisted options exercisable at $0.08 each and due to expire on November 21, 2021, with a total value of $160,000.

Its high-grade Iron Ridge Project in WA is performing ahead of expectations and attracting market premiums, with the company now in “cash harvest ...

Its high-grade Iron Ridge Project in WA is performing ahead of expectations and attracting market premiums, with the company now in “cash harvest mode”.

Showers of cash from the big boys of iron ore over the next few weeks will increase investor interest among smaller players in Australia’s most profitable mining industry. BHP (ASX: BHP), Rio Tinto (ASX: RIO) and Fortescue Metals (ASX: FMG)...

With prices at monthly average records in May and June, the company's Iron Ridge Mine near Geraldton sold 281,000t of iron ore at a quite staggering ...

Summary The S&P/ASX200 rose as much as 0.6% to 7,382.20 by Tuesday afternoon, led by bank, tech and mining stocks. Barring utilities, all indices were trading in green, while information technology gained the most. Tech firm Nearm...

Some fun times have arrived. I’ve been banging on about the iron ore sector for ages now. We got a nice move across the sector yesterday. Fortescue Metals Group Ltd [ASX:FMG] went up more than 3%. That’s a tidy move for such a big stock. Wh...

Five iron ore shipments were sold in total, comprising 129,331 wet metric tonnes (wmt) of lump and 151,456 wmt of fines. Lump is thicker and can be ...

The fledgling iron ore producer shipped nearly 281,000 tonnes of product in the June quarter, up 27% on the previous quarter.

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

In spite of China’s complaints about commodity prices, iron ore was relatively steady in June after a volatile May, with benchmark 62% fines opening the first full week of the new financial year above US$220/t. Those price levels, up from a...

What happened to the most talked about commodities in June? Star performer iron ore hit US$US220/tonne (again) late in the month to be up ~38% year-to-date. The benchmark lithium price in index was up another 2.9% month-on-month, according...

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

‘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...

The sun is shining again on Australian iron ore, at least for now, with prices again threatening to touch historic levels just one month after reaching record highs. Benchmark 62% fines opened the week in China at US$222.30 a tonne, just US...

Non-executive director Garry Plowright on June 4 exercised 2 million unlisted options that were due to expire on November 21, 2021, at $0.08 each.

• Benchmark 62% Fe iron ore price closes a wild month after 5.6% rally to $US198.75 • Iron ore futures trend higher at the end of a week dominated by talk about Chinese intervention • Coking coal finds price support as Aussie export prices...

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...

Early last week, Chinese premier Li Keqiang said China needed to take more steps to curb “unreasonable” price increases for bulk commodities, right after we wrote this: Lol. Hubris.…which aged badly. Iron ore prices have fallen below $US200...

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...