Articles On Fenix Resources (ASX:FEX)

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

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...

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.

‘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...

After one of the most unique investment years on record, fund manager Stephen Scott reckons the Australian market will present more opportunities in 2021. As a principal at the Annapurna Microcap Fund (AMF), Scott has been deploying capital...

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

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.

‘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...

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 ...

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...

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...

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...

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 ...

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.

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...

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...

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.

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 ...

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...

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.

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...

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

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

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

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.

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...

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

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

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 ...

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

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.

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

Biden good, Trump bad for gold price Biden is leading the polls which is pushing gold back up to just under $US1900/oz Iron ore also got a boost this week on more woes for Brazil’s Vale ‘Guy on Rocks’ is a Stockhead series looking at the...

Gold price retreats below $US1900/oz Pullback in gold and iron ore stocks a bargain buying opportunity ASX gold stocks guide: Here’s everything you need to know ‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of...

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...

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, ...

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...

Fenix Resources (ASX:FEX) is the latest iron ore explorer to move into the construction phase with its Iron Ridge direct shipping ore (DSO) project receiving WA government approval. Hot on the heels of another junior, Flinders Mines (ASX:FM...

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 prov...

‘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...

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...

A quick wrap of the ASX’s key winners and losers on Wednesday, August 26. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 642 stocks rose, 889 declined an...

This has led to sustained iron ore demand and weaker port inventory levels in China. Source: Fenix Resources Presentation August 2020. At the same ...

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 prov...

Fenix Resources (FEX) intends to raise up to $15 million through a two-tranche placement to develop its Iron Ridge iron ore project in WA; Under the ...

Fenix Resources (FEX) has executed a mining cooperation and benefits agreement with the Wajarri Yamatji Native Title Group; This is necessary for ...

Fenix Resources (FEX) has requested an immediate trading halt pending a proposed capital raise; The company will remain in the halt until August 20 ...

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 prov...