Articles On Fenix Resources (ASX:FEX)

Title Source Codes Date
Fenix Resources iron ore mine at Iron Ridge not impacted by Cyclone Seroja

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

Proactive Investors FEX 3 years ago
Bulk Buys: Why do iron ore ports keep catching fire?

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...

Stockhead FEX 3 years ago
Bulk Buys: Iron ore prices rebound on China’s white hot steel market, coal market moves into balance

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...

Stockhead FEX 3 years ago
Bulk Buys: Iron ore futures show strain as China orders 50pc cut in Tangshan emissions

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...

Stockhead FEX 3 years ago
Fenix reaches Iron Ridge nameplate capacity

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...

Australian Mining FEX 3 years ago
Fenix Resources (ASX:FEX) share price dips despite production ramp-up

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’...

Motley Fool FEX 3 years ago
Fenix Resources passes new Iron Ridge milestone on reaching steady-state production

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 ...

Proactive Investors FEX 3 years ago
Fenix Resources (ASX:FEX) hits milestone production rate from Iron Ridge, WA

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 ...

themarketherald.com.au FEX 3 years ago
Fenix Resources appoints interim non-executive chairman in Warick Davies

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

Proactive Investors FEX 3 years ago
Fenix conquers shipment hurdles

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...

Australian Mining FEX 3 years ago
Fenix Resources dispatches maiden shipment of Iron Ridge product

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

Proactive Investors FEX 3 years ago
Fenix delays maiden iron ore shipment

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...

Australian Mining FEX 3 years ago
Fenix Resources' maiden iron ore shipment from Iron Ridge delayed with next shipment scheduled

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.

Proactive Investors FEX 3 years ago
Vessel issue interrupts Fenix Resources' (ASX:FEX) first shipment from Iron Ridge

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

themarketherald.com.au FEX 3 years ago
Fenix JV to expand Iron Ridge resource

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...

Australian Mining FEX 3 years ago
Fenix Resources (ASX:FEX) enters farm-in deal with Scorpion Minerals (ASX:SCN)

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

themarketherald.com.au FEX 3 years ago
Fenix Resources says deal with Scorpion Minerals broadens its footprint

Proactive Investors FEX 3 years ago
Fenix Resources farms into Scorpion's iron ore rights adjoining Iron Ridge project

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

Proactive Investors FEX 3 years ago
Why is the Fenix Resources (ASX:FEX) share price higher today?

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...

Motley Fool FEX 3 years ago
Fenix Resources continues to progress Iron Ridge Iron Ore Project with first shipment set for early February

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.

Proactive Investors FEX 3 years ago
Fenix Resources (ASX:FEX) kicks off production at WA iron ore mine

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

themarketherald.com.au FEX 3 years ago
Fenix Resources higher as iron ore production begins at Iron Ridge in WA

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.

Proactive Investors FEX 3 years ago
Swings and roundabouts for iron ore patch

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 ...

Mining News FEX 3 years ago
MACA to buy Downer WA mining business for $175m

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...

Australian Mining FEX 3 years ago
Why the Fenix (ASX:FEX) share price surged 40% in December, and up 1,000% since March

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...

Motley Fool FEX 3 years ago
Fenix (ASX:FEX) Shares on fire Propelled by Iron Ore Price and Port Access at Geraldton

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...

Kalkine Media FEX 3 years ago
ASX rises 0.4pc as iron ore miners shine

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 ...

AFR FEX 3 years ago
Fenix Resources hits 9-year high on securing port access at Geraldton for iron ore exports

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.

Proactive Investors FEX 3 years ago
Here’s why the Fenix (ASX:FEX) share price rocketed up 26% today

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...

Motley Fool FEX 3 years ago
Fenix Resources locks in access at Port of Geraldton, eyes first exports early next year

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...

SmallCaps FEX 3 years ago
Fenix Resources at 10-year high on securing port access at Geraldton for iron ore exports

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.

Proactive Investors FEX 3 years ago
Size doesn't matter as newest iron ore player eyes big profits

Fenix Resources has a market capitalisation of $58.98 million but the company is set to generate much more than that in cash profit in its first year of ...

AFR FEX 3 years ago
MACA hails strong iron ore, gold markets in 2021

MACA has flagged that its strong streak of mining contracts will continue in the 2021 financial year with a work-in-hand position of $2.4 billion in September 2020. The mining contractor is currently seeing positive market conditions throug...

Australian Mining FEX 3 years ago
Fenix Resources strengthens board with iron ore expertise by appointment of non-executive director

The company’s 100%-owned flagship Iron Ridge Iron Ore Project is a premium DSO deposit which hosts a JORC resource and is around 490 kilometres by road from Geraldton port.

Proactive Investors FEX 3 years ago
Fenix Resources just weeks away from start of production at Iron Ridge project

Proactive Investors FEX 3 years ago
Fenix executes $360m road contract for Iron Ridge

Fenix Resources has signed a contract worth $360 million for the road transport component of its Iron Ridge iron ore project in Western Australia. The contract has been executed with Fenix Newhaul – a 50-50 joint venture between Fenix and t...

Australian Mining FEX 3 years ago
Fenix Resources (ASX:FEG) executes road transport contract for Iron Ridge

WA explorer Fenix Resources (FEX) has executed its road transport contract for its Iron Ridge Project with Fenix Newhaul; The business is a joint ...

themarketherald.com.au FEX 3 years ago
S&P/ASX 200 is higher as European partner makes $9.3 billion bid for Coca-Cola Amatil

Fenix Resources Ltd (ASX:FEX) has executed a contract for the road transport component of its Iron Ridge Project in Western Australia with Fenix ...

Proactive Investors FEX 3 years ago
Fenix Resources executes road transport contract for Iron Ridge

The company plans to commence the $360 million contract with Fenix Newhaul for the estimated six-year life-of-mine in December 2020.

Proactive Investors FEX 3 years ago
Fenix Resources eyes off first iron ore shipment from Iron Ridge Project in early 2021

Production is on track to start later this year and the first shipment from the premium direct shipping ore deposit is scheduled early next year.

Proactive Investors FEX 3 years ago
Fenix awards Iron Ridge contract to MACA

MACA has secured a $185 million six-year drill and blast, crushing and screening contract at Fenix Resources’ Iron Ridge project in Western Australia. The contractor has already started pre-production activities by mobilising its heavy eart...

Australian Mining FEX 3 years ago
Fenix Resources (ASX:FEX) awards Maca (ASX:MLD) $185M Iron Ridge contract

Mining and civil services contractor Maca (MLD) has been awarded a $185 million contract for Fenix Resources' (FEX) Iron Ridge Project in WA; Maca ...

themarketherald.com.au FEX 3 years ago
Fenix Resources awards mining and crushing contract for Iron Ridge to MACA

Early-stage works have begun with open pit mining and crushing and screening operations due to commence in the current quarter.

Proactive Investors FEX 3 years ago
Fenix Resources (ASX:FEX) secures sales deals for all Iron Ridge iron ore

Iron ore up-and-comer Fenix Resources (FEX) has spiked today on the back of two major announcements for its Western Australian iron ore project ...

themarketherald.com.au FEX 3 years ago
Fenix Resources executes binding iron ore offtake with Sinosteel and purchases Geraldton port facilities

The Iron Ridge project is on track to begin production later this year with first shipment and sales scheduled for early 2021.

Proactive Investors FEX 3 years ago
Fenix signs iron ore sale deal with Sinosteel

Fenix Resources (ASX:FEX) now has sales agreements covering all of its iron ore production from the Iron Ridge project in ... Read More The post Fenix signs iron ore sale deal with Sinosteel appeared first on Stockhead.

Stockhead FEX 3 years ago
Movement in the Mid West

WITH the iron ore price remaining robust, there's more movement in Western Australia's smaller Mid West iron ore region with Fenix Resources ...

Mining News FEX 3 years ago
Fenix commences work at Iron Ridge

Fenix Resources has started the first works including clearing, grubbing and topsoil stripping activities at the Iron Ridge direct shipping ore (DSO) project near Cue, Western Australia. The company, along with a local Western Australian co...

Australian Mining FEX 3 years ago
Approvals pave the way for Fenix Resources (ASX:FEX) to achieve first shipment next year

Fenix Resources (FEX) is on track to send its first shipment of iron ore early next year, with key mining approvals granted by Department of Mines, ...

themarketherald.com.au FEX 3 years ago
Fenix to deliver first Iron Ridge sales in 2021

Fenix Resources is on track to deliver first sales from its flagship Iron Ridge iron ore project in midwest Western Australia after receiving the final green light from local authorities. Western Australian Department of Mines, Industry Reg...

Australian Mining FEX 3 years ago