Fenix Resources Ltd [ASX:FEX] share price to rise 8.5%. Fenix noted six shipments of iron ore from its Iron Ridge Project in Western Australia were sold during the quarter, comprising 197,848 wet metric tonnes (wmt) of lump and 143,422 wmt of fines…
All the Latest Iron Ore News and Developments
Australia is the largest iron ore producer in the world. Iron ore is Australia’s biggest export earner. In 2014 it contributed around $75 billion in export revenues, providing a major source of income for the country.
QMines Shares up after Hitting High-Grade, Copper-Gold Zinc (ASX:QML)
QMines Shares up after Hitting High-Grade. The QMines Ltd [ASX:QML] released some results today for their drilling program at their Mount Chalmers Project.
ESS Share Price Falls 20% on Dome Lithium Project Update (ASX:ESS)
The Essential Metals Ltd [ASX:ESS] share price is down despite announcing its Dome Lithium Project is advancing to development-ready status.
Trader’s Corner — Contagion?
The troubles in the Chinese property market as a result of government clampdowns on property developers are starting to cause some serious havoc.
Nuclear Subs, Evergrande, and the Iron Ore Conundrum
It’d be very contrarian to take trades on iron ore at this stage, and the coast might not be clear until some support comes in on the iron ore spot price.
Fenix Resources Shares Soars on Maiden Dividend (ASX:FEX)
The Fenix Resources [ASX:FEX] share price rose 8% after the iron ore stock declared a full-year profit and a maiden dividend. FEX shares were up 8.6% at time of writing.