Articles On Fenix Resources (ASX:FEX)

Fenix Newhaul was an incorporated joint venture company established in May, 2019, to implement the strategic alliance between Fenix Resources and ...

ASX 200 sinks 2% Small caps get crushed, down 2.5%  Region, AUD and miners sink on weaker China activity   The local market is being dragged to hell by mining, materials and gold stocks, which are down between 4% and 5%. The S&P/ASX...

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...

“Fenix will be greatly enhanced by the addition of Craig Mitchell and Stuart Ausmeier to our team,” Fenix Resources chair John Welborn said. “I am ...

ShareCafeSecond wave of European inflation on its way, as energy crisis sees costs spiral                    Stocks fell for a fourth straight day on Wednesday, the last day of August, putting the summer market comeback in doubt as in...

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...

The S&P/ASX 200 Index (ASX: XJO) slid 1.95% today, but one ASX iron ore share jumped ahead on the release of its FY22 results. The Fenix Resources Ltd (ASX: FEX) share price gained 5.88% today to trade at 36 cents. Let’s take a loo...

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...

Dividend investing is a good option for those who want a regular income stream from their stock investment; Recently, Fenix Resources completed ...

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...

Twiggy a happy little Vegemite as he ups his stake in Bega Cheese Entrepreneur Craig Mitchell becomes substantial shareholder in Fenix Resources after it buys other half of his company UBS sells out of Link Administration days before it a...

Fenix Resources managing director Rob Brierley has resigned after four years with the business amid what has been dubbed a “comprehensive ...

Fenix Resources is a Western Australian-based iron ore producer, operating its flagship Iron Ridge Iron Ore Project in the mid-west mining region of ...

Jindalee Resources has diamond drill spinning in new McDermitt Lithium Project program · Fenix Resources takes ownership in haulage business to ...

Fenix Resources takes ownership in haulage business to 100%;... 1 hour, 48 minutes ago. Jindalee Resources Ltd - Jindalee Resources has diamond ...

Fenix Resources has signed definitive agreements to acquire 100 per cent ownership in haulage joint venture, Fenix-Newhaul.

Rising inflation has put the spotlight on the ability for corporates to maintain profit margins Which sectors are the most inflation resistant ASX stocks with the highest and lowest profit margins The shock headline US CPI print of 9.1%,...

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...

Fenix Resources boss Rob Brierley says the junior iron ore miner is zeroing in on acquisition opportunities after taking full control of its haulage joint venture company.

Fenix Resources (FEX) sold roughly 344,000 wet metric tonnes (wmt) of iron ore from its Iron Ridge project in the June quarter This takes the total amount shipped to 1.84 million wmt from the WA project since the first shipment early last...

Fenix Resources is an iron ore producer based in Western Australia. The company with over AU$157-million market capitalisation has an annual dividend ...

Fenix Resources has inked a deal to acquire Newhaul's stake in a haulage joint venture between the two companies for an initial $16.5 million.

Fenix Resources buys out haulage JV to take control of logistics, mimicking the structure of the Pilbara majors Rio Tinto opens 43Mtpa Gudai-Darri mine in the Pilbara as junior Strike prepares first shipment from Paulsens East Queensland c...

Western Australian iron ore producer Fenix Resources has signed definitive agreements to acquire Fenix-Newhaul in full, by snapping up Newhaul’s 50 per cent interest in the business. Factoring in the cash and equity consideration of the tra...

Recce Pharmaceuticals jumps on positive safety data during trial dosing participants with anti-infective · Fenix Resources moves to full ownership ...

Fenix Resources moves to full ownership in Mid-West haulage business · Sunstone Metals to quadruple landholding through acquisition near El Palmar ...

Fenix Resources Ltd (ASX:FEX) is positioning itself as a fully integrated mining, haulage and logistics company thanks to its latest acquisition.

Fenix Resources (FEX) signs a deal to acquire full ownership of the joint venture haulage business Fenix-Newhaul The parties have signed definitive agreements, where Fenix will buy Newhaul’s 50 per cent interest or $16.5 million in cash an...

Iron ore miners suffered a heavy sell-off yesterday as commodity prices fell on fears of Covid lockdowns in China Iron ore and steel market observer Mark Eames says there is more upside than downside thanks to the tight supply-demand balan...

... Aurumin logs multiple instances of visible gold in first diamond hole at Central Sandstone Project · Fenix Resources extends iron ore swap ...

ShareCafeEvening Report: 9 June, 2022 by Melissa Darmawan   The Australian sharemarket fell to a four week low pulled down by banks as concerns of rising interest rates and bad debts weighed on investor sentiment. Adding to the fears were n...

High-grade Western Australian iron ore producer Fenix Resources has fixed a price of $180.65 per dry metric tonne for 35,000DMT per month for the period from October 2022 to June 2023. The new iron ore hedging extends the company’s existing...

ShareCafeLunch Report: 9 June, 2022 by Melissa Darmawan   The major banks weigh on the Australian sharemarket after the Reserve Bank of Australia announced its outsized interest rate hike this week. Investors are concerned about the impact...

OECD hits metals sentiment, slashing global growth forecast by 1.5% · Copper leads the way for base metals with 0.3% rise to US$9730/t · Fenix Resources ...

Fenix Resources (FEX) extends iron ore swap arrangements for 50,000 tonnes per month up to and including September 2022 fixed at a price equivalent to $230.30 per dmt The previous agreement was 35,000 tonnes at a price equivalent of $180.6...

Fenix Resources Ltd (ASX:FEX)'s Rob Brierly discusses the company's offtake strategy with Proactive's Joel Flynn as the iron ore producer weathers the ...

Australia’s biggest bank has upgraded its long-term iron ore and coking coal forecasts in response to Covid, Chinese commodity demand and Russia But high energy prices could drive investment in decarbonisation, clouding the outlook for the...

The ASX iron ore juniors have not escaped the share price pain caused by rising inflation/interest rates in the major economies and China’s slowdown because of its COVID lockdowns. In fact, they have been hit harder. Fair enough, the junior...

China’s Covid Zero policy has seen analysts knock down economic forecasts Bad news for sentiment in steel and raw materials, with iron ore futures tumbling in afternoon trade Coal prices remain freaking high A precipitous slide in Asian i...

WoodMac sees pathway for steel industry to reduce emissions 30% by 2050 Transition will require shift away from blast furnace to scrap-based electric arc furnace steelmaking Despite Chinese strong steel output in April, Commbank sees suppo...

Iron ore miners have been looking fragile over the last week, clawing to hopes of a second half revival in the Chinese economy as the impact of its Covid lockdowns worsen. Prices remain relatively high compared to major producer margins, wi...

Stanmore has completed its ambitious US$1.2 billion ($1.7b) acquisition of BHP’s Poitrel and South Walker Creek coal mines Its founder Nick Jorss is aiming to repeat his success at new coal producer Bowen Coking Coal Jorss says steelmaking...

Highlights Dividend is an extra income investors earn over and above the capital appreciation of their stock holdings. VTG, FEX and BSE are the highest dividend paying penny stocks on the ASX. Dividend yield should not be used as a so...

China’s steel output has shown signs of life, building throughout the first quarter of 2022 after collapsing to its slowest rate in four years in October and November 2021. That came despite widespread curbs on mill output due to the Winter...

The Fenix Resources Ltd (ASX: FEX) share price is all over the map this morning. After leaping 7% higher in early trade, shares in the ASX resource explorer are currently up 1.8%, at just under 30 cents per share. There’s been plenty of in...

Iron ore and coal to drive $425 billion windfall for resources exports in 2021-22 according to Canberra forecasters India removes tariffs on Aussie coal exports as part of free trade deal Coal prices start to normalise (kinda), with premiu...

1) Remember the big market fall in January? It’s almost been erased since the big run-up in the market began around 9 March. Again, the triumph of the optimists prevails! At least for now… We already know one reason. Roaring commodity price...

Highlights Generally, large caps are more famous for the dividend income, all thanks to their massive earnings bases. VTG, FEX and BSE are some ASX penny stocks trading at the highest dividend yield on the ASX. One-time windfall profi...

Australian companies are lining up to deliver new high grade iron ore mines in a bid to capture tailwinds from the need to reduce emissions across the sector. This week no less than three studies have been released by ASX-listed juniors, ta...

Analysts tipping a major correction in the coal price by the end of 2022 have changed their tune after Russia’s war with Ukraine blew up the market. Prices have confounded belief, with tightness in the seaborne segment of the coal market bo...