July 27, 2023

Fortescue Metals Group (ASX:FMG), the world’s fourth-largest iron ore miner, has projected a modest increase in its iron ore shipments for the 2023-24 period, driven by robust performance in its core Western Australian mines and early tonnage from a new project in Gabon. In a statement to the ASX on Thursday, the company stated that

R3D Resources (ASX:R3D) announced that it has completed the refurbishment of its solvent extraction – crystallisation process plant. In response, Managing Director Stephen Bartrop commented: “Cash flows from copper sulphate pentahydrate sales are expected to be a ‘game changer’ for the Company and allow it to achieve its desired self-funding status.” Shares are trading 48

Macquarie Group (ASX:MQG) shares experienced a decline as the investment bank attributed it to challenging trading conditions. In the first quarter of financial year 2024, the bank reported a considerably lower net profit compared to the same period in the previous year. The S&P/ASX 200 is currently 0.66 per cent higher at 7,450.60. The SPI futures

TerraCom Limited (ASX:TER), a leading global coal mining company, has released its quarterly activities report for the three months ended 30 June 2023, showcasing robust production and financial performance despite facing market headwinds. Production Highlights During the June Quarter, TerraCom achieved notable production milestones: Total coal sales reached 1.8 million tonnes, with 1.1 million tonnes