ASX Announcements
Notification of cessation of securities - MGX
Appendix 3H (Notification of cessation of securities)
- Feb 3, 2025
- 4 pages
August 2024
- Analysis
- Mining
Iron ore miners’ pressure points in focus as commodity price wobbles
Mineral Resources’ flagship iron ore mine made a profit of about $US8 a tonne of red dirt sold into the spot market on Friday.
- Elouise Fowler
June 2023
Mt Gibson sells unwanted iron ore assets, pursues new opportunities
The iron ore producer is on the hunt for fresh assets after disposing of mothballed mines and port and logistics assets in Western Australia’s Mid-West.
- Brad Thompson
February 2022
All the profit results for February 23, 2022
Results briefing | News and analysis on today’s profit results from Woolworths, WiseTech, APA, Carbon Revolution, Charter Hall Retail, Coronado, Domino’s Pizza, Healius, HT&E, Karoon Energy, McPherson’s, Pilbara Minerals, Scentre, Stockland, Wagners, Worley and Ventia Services.
October 2021
Lilleyman returns as iron ore juniors fight to survive
Greg Lilleyman, the former Fortescue and Rio executive, returns when high shipping costs and grade discounts are making it hard for small miners to survive.
- Peter Ker
September 2021
Buying opportunities await in iron ore
The heavy decline in prices doesn’t mean the run is over, with a window likely for increasing exposure at the right price.
- William McInnes
February 2021
Nathan Tinkler: billionaire to bankrupt plots coal comeback
Nathan Tinkler’s time in the corporate sin bin will end this month, but disputes with old business partners may complicate efforts to launch a comeback.
- Peter Ker
October 2020
ASX gains; Six day winning streak as banks bounce; Link soars
The Australian sharemarket notched up a sixth straight days of gains as banks rallied off their session lows. Carlyle and Pacific Equity Partners offered $5.20 a share for Link. Aware Super raised its bid for OptiComm to $6.50 a share. Bravura bought UK-based Delta for $41.5 million.
- Updated
- Robert Guy, Vesna Poljak and William McInnes
July 2020
ASX rises 0.3pc; Tabcorp, Coca-Cola Amatil rally
The Australian sharemarket closes up as Wesfarmers, insurers and property stocks offset weakness in Commonwealth Bank and iron ore miners. Tabcorp appoints new chairman, hunts for new CEO. Coca-Cola Amatil flags $190 million writedown.
- Robert Guy, Vesna Poljak, William McInnes, Luke Housego, Tom Richardson and Sarah Turner
February 2020
Vale confirms slump in iron ore exports
Australia's iron ore industry has been boosted by its biggest foreign rival making a very weak start to the year.
- Updated
- Peter Ker
September 2018
Mining investors too pessimistic about trade threat
Colonial First State's Todd Warren says too many resources investors are overlooking solid economic data and industry-wide strong balance sheets.
- Updated
- Peter Ker
SQM, Kidman develop retail-style lithium brand in hunt for price premiums
Lithium giant SQM will apply a retail-style brand to its Australian lithium hydroxide in a bid to attract price premiums from battery manufacturers.
- Updated
- Peter Ker
August 2018
China emissions reductions structural, says FMG
Fortescue says Chinese steel mills are running hard amid expectations that winter shutdowns may start earlier this year.
- Updated
- Peter Ker
Mt Gibson puts a premium on Koolan iron restart
Mt Gibson, Australia's highest-grade iron ore mine, will soon resume exports after a four-year hiatus.
- Updated
- Peter Ker
August 2017
Rio Tinto chief Jacques says wider iron ore discount driven by structural change
Rio Tinto chief executive JS Jacques says the delta between prices for higher grade and lower grade iron ore is structural.
- Updated
- Tess Ingram and James Thomson
July 2017
Mount Gibson Iron's more than $500m cash pile could spark dividend review
Mount Gibson Iron's recent $64 million insurance settlement could act as a trigger for it to pay a dividend for the first time in three years.
- Updated
- Tess Ingram
May 2017
Global iron ore cost curve steepens as low-grade discount persists
In potentially bad news for Fortescue, analysts suggest the restructuring of China's steel industry will continue to encourage steel mills to favour higher grade iron ore.
- Updated
- Tess Ingram
April 2017
Mount Gibson Iron to restart high-grade Koolan Island mine
Mount Gibson Iron will restart its Koolan Island mine to capture the lofty premiums being paid for high-grade ore.
- Updated
- Tess Ingram
March 2017
Iron ore prices soften as producers ready to develop new projects
Australia's iron ore producers need to remain disciplined as they prepare to develop the next generation of mines at a time when prices are forecast to soften.
- Updated
- Tess Ingram
February 2017
Metals X, Westgold... next stop Mount Gibson Iron?
Brokers have ramped up pitching for a $160 million stake in Mount Gibson Iron Ltd, seeking to sell it via a block trade to institutions.
- Updated
- Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis
January 2017
Iron ore juniors chase mine restarts, extensions
Amid strong iron ore prices, small Australian miners are seeking approval to restart shuttered mines or expand existing ones.
- Updated
- Peter Ker