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Latest Company News: Fortescue Metals Group

FMG business headlines and reports

Iron ore miners set to profit from shutdown exemption
Fri, 27 Mar 2020 00:00:00 GMT
Fortescue Metals chairman and major shareholder Andrew Forrest has recouped a small part of his more than $1 billion loss from the initial crash in the value of the iron ore miners shares with some well-timed purchases. Mr Forrest spent more than $35 million in buying 4 million shares at an average price of $8.79. Fortescue stock was on Thursday trading about 25 per cent up at $10.69 after the company reaffirmed export guidance this week and news emerged that major overseas competitors may

Diversity at Fortescue recognised at WAs peak business awards
Mon, 16 Mar 2020 00:00:00 GMT
Fortescue Metals Groups industry-leading diversity initiatives have been celebrated at the 2019/20 AIM WA Pinnacle Awards, which acknowledges the best in business leadership across Western

Fortescue contracting partners launch new traineeship for Aboriginal ...
Thu, 12 Mar 2020 00:00:00 GMT
Fortescue Metals Group is working with its contracting partners to implement Aboriginal recruitment and retention strategies, demonstrating the Companys ongoing commitment to provide training and employment opportunities for its Aboriginal

Should You Buy Fortescue Metals Group Limited (ASX:FMG) For Its ...
Wed, 26 Feb 2020 20:22:21 GMT
Fortescue Metals Group Limited (ASX:FMG) is about to trade ex-dividend in the next 4 days. Ex-dividend means that...

Fortescue profit spikes on iron ore price jump, but dividend ...
Wed, 19 Feb 2020 00:00:00 GMT
Australias Fortescue Metals Group Ltd (FMG.AX) reported a near four-fold jump in half-year profit on Wednesday as it cashed in on higher iron ore prices, while analysts said a lower-than-expected dividend reflected caution on the global economy. Fortescue is the second of the global iron ore giants to report results this season, and also the second to offer lower than anticipated payouts which analysts said reflected a move to keep cash in reserve given uncertainties over global economic

Fortescue donates A$1 million to coronavirus medical efforts
Fri, 07 Feb 2020 00:00:00 GMT
Fortescue Metals Group (FMG) today announced it will donate A$1 million to the Wuhan Qingshan Charity Federation to support medical efforts at the epicentre of the coronavirus

Is Fortescue Metals Group Limited (ASX:FMG) A Smart Pick For ...
Mon, 27 Jan 2020 22:48:11 GMT
Could Fortescue Metals Group Limited (ASX:FMG) be an attractive dividend share to own for the long haul Investors are...

Fortescue donates A$1 million to bushfire relief and recovery
Thu, 09 Jan 2020 00:00:00 GMT
Fortescue Metals Group today announced it will donate A$1 million to the Minderoo Foundation Fire Fund to assist communities impacted by the devastating bushfires in regions across

Fortescue announces innovative contract model with Aboriginal ...
Tue, 17 Dec 2019 00:00:00 GMT
Fortescue Metals Group has announced the award of Village Facilities Management Agreements through an innovative contract model between Sodexo Remote Sites Australia Pty Ltd and three Aboriginal businesses owned by Pilbara Native Title

Fortescue celebrates first Trade Up graduates
Tue, 10 Dec 2019 00:00:00 GMT
Fortescue Metals Groups innovative Aboriginal apprenticeship program Trade Up has celebrated the graduation of its inaugural cohort of

Fortescue Empower your Career Summit showcases mining to women
Wed, 20 Nov 2019 00:00:00 GMT
Fortescue Metals Group hosted the inaugural Empower your Career Summit to showcase female careers in mining.

Australia's Fortescue loses bid to develop Guinea iron ore ...
Wed, 13 Nov 2019 23:54:07 GMT
Fortescue Metals Group lost out in its bid to develop two blocks at the Simandou iron ore deposit in Guinea, the Australian miner said on Thursday. A China-backed consortium of French, Singaporean and Guinean interests won the tender through its $14 billion bid, sources told Reuters - on Wednesday. Fortescue said the Guinean government told them it would go ahead with detailed negotiations with the preferred bidder in the coming

Fortescue partners with Mentor Walks to help women take the next ...
Tue, 12 Nov 2019 00:00:00 GMT
Fortescue Metals Group has partnered with Mentor Walks to launch the successful mentoring program in Perth, providing West Australian women with the opportunity to connect with some of the States most influential female

Fortescue champions leadership diversity at Annual General Meeting
Tue, 29 Oct 2019 00:00:00 GMT
Fortescues Founder and Chairman, Andrew Forrest AO joined Chief Executive Officer Elizabeth Gaines, the Fortescue Board of Directors, the Core Leadership Team and shareholders for the 2019 Annual General Meeting of Fortescue Metals

Fortescue joins industry-led initiative to help end modern slavery
Wed, 16 Oct 2019 00:00:00 GMT
Fortescue Metals Group has joined a group of 10 mining, energy and resource companies from Western Australia to develop a practical toolkit to pre-screen for modern slavery risks within their supply

Number of news reports: 15

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