Articles On Fenix Resources (ASX:FEX)

Listen to ASX-listed Fenix Resources Chairman John Welborn talk to Matt Birney on the Bulls N' Bears Report about Fenix' remarkable iron ore mine ...

Fenix Resources (ASX:FEX) has established new iron ore hedging contracts for a total of 10,000 dry metric tonnes (dmt) or iron ore per month from July to December 2023.  The company says the new contracts have been added to its existing iro...

Fenix Resources Ltd (ASX:FEX) chairman John Welborn chats to Proactive after the iron ore stock acquired fellow ASX-lister Mount Gibson Iron ...

To reduce the impact of iron ore price fluctuations on its profitability, Fenix Resources Ltd (ASX:FEX) has entered into new swap contracts to ...

It’s the last day of the financial year and significant changes are set to take place from tomorrow. Australia’s minimum wage will increase to just above $23 per hour. Superannuation figures will also increase from 10.5 per cent to 11 p...

Fenix Resources (FEX) establishes new iron ore hedging contracts to secure stable sales volumes for the coming months The company adds 10,000 dmt per month from July to December 2023 Fenix now has contracts for a total of 50,000 dmt p...

Futures suggest the ASX will open in the green, ending the financial year on a positive note. The US Federal Reserve is expected to continue hiking rates at its next meeting after stronger-than-expected economic data suggests the “modera...

Iron ore producers Fenix Resources is taking over Mount Gibson's Mid West iron ore assets and port facilities built up over spending two decades ...

Specifically, Fenix Resources (ASX:FEX) is acquiring the 'shovel-ready' Shine Iron Ore Mine, two storage sheds at Geraldton Port, two Mid-West ...

Iron ore miner Fenix Resources is expanding to become a bulk commodity logistics operator for other resources, including lithium, by purchasing WA ...

WA Government pledges ‘education-first’ approach to enforcing much-criticised Aboriginal Heritage Act Fenix snaps up Mt Gibson assets in bid to lower costs and boost scale of Mid West iron ore business   The mining industry has won a grea...

Fenix Resources is set to buy Mount Gibson Iron's Shine iron ore mine on care and maintenance and its rail and port assets in the Mid West under a ...

Iron ore producer Fenix Resources (ASX:FEX) has entered a binding agreement with Mount Gibson Iron (ASX:MGX) to acquire its Mid-West iron ore and port assets in Western Australia. Under the agreement, the company will acquire the Shine Iron...

In a potentially “game-changing” development, Fenix Resources Ltd ... in its iron ore resource base which will underpin production growth.

Junior rival Fenix Resources boosted its port and logistics footprint in the region and at Geraldton Port through a $25 million deal with Mt ...

Mount Gibson Iron sells Mid West assets to Fenix Resources for $25 ... deal which will see it become a major stakeholder in Fenix Resources.

Good morning to you all. The good news is that the ASX posted its best one-day gain since April yesterday, after way better than expected CPI data for May had investors punting that the RBA is likely to keep things on hold next week, after...

Mount Gibson Iron will seek to divest from its Mid West iron ore mining assets in a bid to free up capital and become a major stakeholder in Fenix Resources. 

Fenix Resources (ASX:FEX) has achieved a production milestone of 3 million dry tonnes of iron ore at its flagship Iron Ridge Iron Ore Project in the Mid-West region of Western Australia. The company reports the 3 millionth tonne has been sh...

Fenix Resources Ltd (ASX:FEX) chairman John Welborn chats with Proactive soon after the company produced and shipped its three-millionth tonne of ...

Fenix Resources (FEX) achieves a “significant” sales milestone of three million dmt of high-grade iron ore from its Iron Ridge mine in Western Australia The three millionth tonne was shipped from the company’s facilities at the Geraldton...

Fenix Resources Ltd (ASX:FEX) has produced and sold three million dry metric tonnes (dmt) of iron ore from its flagship Iron Ridge Iron Ore ...

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...

Goldman Sachs, famous for its bear move on lithium last year, has turned pessimistic on China’s property recovery That saw iron ore end a nine session winning run yesterday Uranium miners run as spot prices hit 12 month high   Goldman, Go...

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...

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...

Iron ore futures, big miners pull materials sector into the red Lynas’ Amanda Lacaze waxes lyrical on opportunities to diversify its growing rare earths business Fenix Resources and Mt Gibson Iron report strong cash flow on higher iron ore...

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...

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...

We’re in an economic cycle where small caps are being sold in favour of large caps But indiscriminate selling can lead to good stocks being oversold Experts chime in on how to find good quality small cap stocks   The old Warren Buffett ad...

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...

Fenix Resources Ltd (ASX:FEX) has extended its hedging cover and guaranteed pricing through new iron ore swap contracts covering the six-month ...

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...

The key takeaways from this earnings season Which small caps pay the most dividends Stockhead reached out to expert Adam Dawes to see if there is a way to exploit the ex-dividend date   The half-year earnings season has drawn to a close....

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...

Fenix Resources Ltd (ASX:FEX) has locked in iron ore hedging contracts for another six months to the end of this year, securing a guaranteed price ...

Fenix Resources Ltd (ASX:FEX) chairman John Welborn speaks with Proactive soon after announcing the company has locked in iron ore hedging ...

Australian iron ore producer Fenix Resources (ASX:FEX) has established new iron ore hedging contracts for 30,000 dry metric tonnes (dmt) of iron ore per month from July to December 2023 at a fixed price of $171.17 per dmt. The company says...

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...

Lynas Rare Earths remains positive on NdPr market despite weakness post Lunar New Year in China The company is building inventory to avoid a production gap caused by licencing issues in Malaysia Fenix post profit, but dividend will wait fo...

Fenix Resources Ltd (ASX:FEX) has reported a net profit after tax of $10.9 million for the half year ended 31 December 2022 and is well-positioned ...

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...

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...

Fenix Resources Ltd - Iron ore stocks close December on a tear, but what ... With a global mineral resource base now exceeding 5.7 billion tonnes, ...

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...

Iron ore mid-tiers Champion Iron, Grange Resources and Fenix Resources all roll out improved results for the December Quarter; Materials index ...

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...