Articles On Fenix Resources (ASX:FEX)

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...

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 ...