Articles On Flinders Mines (ASX:FMS)

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...

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,...

‘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...

IEA predicts coal demand will remain around record levels in 2023, driven by China, India and South-East Asia Exports of thermal and met coal could outstrip 2019 record Rio boss admits China steel may have peaked Coal is on the nose with...

The ASX 200 had another fine day, ending with a 0.73% gain overall Sectors wise, Tech and Real Estate were the winners, while Materials dipped as a whole, partly due to Rio and Fortescue  Standout small-cap performers: R3D, PAC, and the ju...

Steven Michael is intent on putting decades of unfulfilled promise behind Flinders Mines.

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Try predict what commodity prices will do, and iron ore in particular, and they will make a fool of you. That’s what analysts, economists and forecasters do without any real sense of certainty, especially given the opaque nature of the Chin...

If coal’s crazy 2022 was a wonder to behold and a watershed moment for investors who have spent years chastising the ESG lens that has quickly and loudly engulfed the resources market, 2023 has been a chastening experience for those who tho...

China’s state iron ore buyer seems to be costing its mills more money than it is saving them in price negotiations with miners Reuters reports little has changed in the iron ore trade since the much-hyped introduction earlier this year of...

Falling met coal prices have helped stabilise steel mills, providing solace for iron ore miners who have seen prices fall Chinese property data remains a concern for iron ore: NAB Genmin submits mining permit application ahead of FID for B...

Australian iron ore mining company Flinders Mines (ASX: FMS) has begun a Scoping Study at its flagship Pilbara Iron Ore Project in Western Australia. The study will focus on the potential development of resources at the project to produce a...

Despite prices falling this year, Australian Pacific Coal interim CEO Ayten Saridas says the thermal coal market has legs Its Dartbrook mine restart is one of a handful of coal developments approved to come online in the coming year Iron o...

The benchmark kicked off well at +0.8% before deflating to finish on +0.4% Utilities (+1.21%)win the day, while InfoTech (-1.20%) takes a body blow. Lincoln Minerals (ASX:LML) tops the charts, up 36% for absolutely no reason at all.   Loc...

Chinese steel and iron ore demand an opaque picture as always as strong prices remain Sundance continues legal fight over African iron ore project Could ASX-listed Siberian coal miner be falling foul of Australian sanctions? Chinese steel...

Western Australia’s Pilbara region is bracing for what is anticipated to be its most powerful tropical cyclone in a decade — one that could have a severe impact on one of the largest iron ore hubs in the world. Upgraded to a category fou...

Tribeca Investment Partners portfolio manager Todd Warren gives us his take on bulk miners and commodities Champion Iron could be a long term beneficiary of rising spreads for higher grade iron ore Glencore and Teck, currently involved in...

Fortescue Metals Group signals another, this time minor, delay at its Iron Bridge development First production from the 22Mtpa magnetite mine is due in late April Pearl Gull announces maiden resource at Cockatoo Island Andrew Forrest’s Fo...

New Hope pays monster dividend on last year’s coal boom Targeting doubling of production in three years, with expectations demand will outstrip supply despite ESG pressures Magnetite completes optimisation study ahead of high grade iron or...

Iron ore’s bull run could be brought to a halt by China’s weaker than expected economic growth target Goldman predicts price record for Rio Tinto Thermal coal prices keep dropping Iron ore has been a bull’s game in 2023, with matadors spe...

ASX-listed exploration company Viking Mines (ASX:VKA) has uncovered ‘high-grade’ rock chip results of up to 1.47% vanadium (V2O5) from the Canegrass Battery Minerals Project in Western Australia. The company completed a mapping and sampling...

Highlights Viking Mines Ltd (ASX:VKA) has received exceptional high-grade vanadium results from the Canegrass Battery Minerals Project. The rock chip results vary from 0.65% to 1.47% V2O5, averaging 1.28% V2O5. From Kinks South, assay...

China is again ordering sintering restrictions to crack down on pollution from its steel mills It comes after limits were placed on Dalian futures trading last week to bring the heat out of prices Junior miner CuFe posts maiden resource fo...

BHP (ASX:BHP) has reported, leaving only Rio Tinto (ASX:RIO) today to round out our February financial results season for the big three iron ore miners. In Oscars parlance none are expected to be award winners. Lower iron ore prices — and i...

Battery metals exploration company Viking Mines (ASX:VKA) has identified 3 rounds of metallurgical testwork that demonstrate vanadium recoveries of up to 90.2% as part of a review of historical testwork at the Canegrass Battery Minerals Pro...

South African coal miner Thungela Resources will become the majority owner of Australia’s Ensham coal mine Its CEO July Ndlovu says thermal coal will see demand for at least two, maybe three decades Iron ore sales lift There may be clouds...

Newcastle thermal coal’s reign as the top priced product on the market has ended Premium hard coking coal returns to traditional position at a premium to energy coal as European demand wanes Iron ore prices remain strong, but MySteel says...

Chinese companies are starting to make bids for Australian coal cargoes after an unofficial ban that ran for over two years But Coronado CFO Gerhard Ziems says Australian coking coal exports to China will only touch half of pre-pandemic le...

BHP did not deliver capital guidance for its BMA coal mines in Queensland last year after new royalty tiers drawing billions for Qld were introduced last July While CEO Mike Henry also cited China’s coal ban as a factor, its capex strike l...

Flinders Mines (FMS) has entered into binding agreements with BBIG Group to acquire Forge Resources Swan (FRS) The deal means Flinders Mines obtains full ownership in the Pilbara iron ore project and BBIG’s Balla Balla infrastructure pr...

ASX-listed gold explorer Viking Mines (ASX:VKA) reports it has identified an 8km-long vanadium trend during due diligence at the Canegrass Battery Minerals Project in Western Australia. The company says this trend was identified during a 5-...

Efforts to develop zero emissions steel are at an early stage Fortescue Metals Group backs new attempt to use low grade iron ore in green steelmaking Coal exports are forecast to outstrip iron ore for the next two financial years Green st...

Viking Mines’ subsidiary Viking Critical Minerals has entered into a farm-in agreement with Flinders Canegrass, a subsidiary of Flinders Mines, to acquire an equity stake in the Canegrass battery minerals project in Western Australia. The p...

Viking Mines (VKA) is set to earn a 99-per-cent interest in the Canegrass battery minerals project in Western AustraliaThe company has entered a farm-in arrangement with Flinders Mines (FMS) to acquire a majority stake in the project, which...

Fortescue Metals Group boss Andrew Forrest says green energy focused FMG will pursue value over volume in flagship iron ore business Actually also looking to increase volumes, with new high grade mine in Pilbara and African exploration pus...

Iron ore prices posted a recovery on Monday as China relaxed some of its previously steadfast Covid measures Steel mills are still loss-making in China, with a real bounce in demand needed to bring prices back above US$100/t But experts sa...

AQC faces roadblocks in its bid to revive Dartbrook coal mine, while New Hope gets approval for New Acland coal extension after 13 years New coal supply is slowly emerging, but the market is expected to remain tight with wet weather expect...

Iron ore miners are funding a wave of new developments, despite red flags in the Chinese steel market While miners are long term bulls, the short term outlook is clouded by China’s economic issues and Covid Zero policy The gap between low...

BHP says cumulative steel demand in the next 30 years will double that of the last 30, arguing the commodity will be a net beneficiary of decarbonisation and climate change The changing environment alone could drive increase in demand equa...

Only one resources stock made gains of 100% or more last month, a big drop from August (13), but on par with June (1) and July (3) Rare earths, lithium stocks outperformed September top 5: Dundas Minerals, Desert Metals, MetalsGrove Mining...

Iron ore prices received a bump after Covid lockdowns in Chengdu were relaxed But they quickly retreated, with analysts saying a decision on whether to end China’s Covid Zero policy could be a big turning point for the commodity Like it or...

It’s the canary in the, well, you’ve probably read enough of these by now to know the idiom. For iron ore prices that is steel production in China and downstream demand from things like car production, infrastructure and property developme...

ASX mining shares Southern Palladium Ltd (ASX: SPD), Arafura Resources Ltd (ASX: ARU) and Flinders Mines Limited (ASX: FMS) had a massive day today, soaring between 17% and 42% higher. For perspective, the S&P/ASX 200 Materials Index...

ASX 200 eeks out 0.3% Small caps index barely finds 0.2%  Economists forecast RBA to go a 50bps rate rise tomorrow   The local market is not covering itself in glory on Monday, September 5. The S&P/ASX 200 has risen on the strength o...

The S&P/ASX 200 Materials Index (ASX: XMJ) closed 1.94% higher today, but one ASX iron ore share left it in the shade. The Flinders Mines Ltd (ASX: FMS) share price soared 41.51% today to close at 75 cents. Let’s take a look at why...

Flinders Mines (FMS) has its farm-in agreement (FIA) with BBIG terminated by the latter, enabling the company to develop the Pilbara iron ore project (PIOP) as the sole ownerCommenting on the termination, Chair Cheryl Edwardes says it provi...

Mineral Resources and global partners approve $3bn Onslow iron ore mine day before prices drop below US$100/t Chinese steel giant Baowu will both have a stake in the mine and market up to 75% of MinRes’ product Coal prices remain ridiculou...

Coal miners will be watching international markets closely tonight as a ban on Russian coal proposed by the European Commission back in April comes into effect. Ever since Russia’s invasion of Ukraine, the frailty of European energy markets...

Goldman Sachs analysts say iron ore prices could drop faster than expected on bearish steel sentiment But iron ore prices have strengthened as steel margins have improved and Chinese authorities have moved to support its property market an...

Fenix Resources boss Rob Brierley says weakness in iron ore supply means prices will be set by demand Iron ore futures in Singapore hit 2022 low as China’s steel mills drop prices Coal miners begin to look cheap again as thermal prices pic...