FSUMF News and Press, Fortescue Metals Group Ltd. From 06/05/19

Copper prices slide to a five-month low as a higher dollar and concerns about weaker global growth and demand from the U.S.-China trade dispute outweighs dovish comments from Federal Reserve Chairman Powell. More news on: Freeport-McMoRan Inc., Rio Tinto Group, BHP Group, News on ETFs, ...

Why A Long-Term Price Target? A core strategy I use when it comes to investing in mining companies is to analyze the fundamentals of each primary metal produced to determine a reasonable long-term price for the metal which I then use in my financial models for mining companies. I find this t...

Rio Tinto (NYSE: RIO )  +2.6% and BHP +1.7% pre-market after iron ore delivered to China jumped 4.2% overnight to close at $108/mt, as iron ore stockpiles in the country tumble to their lowest level in more than two years. More news on: Rio Tinto Group, BHP Group, Fortescue Met...

Iron ore futures in China capped a fourth straight weekly gain as UBS raised its price forecast for the year to $90/mt, sending big miners higher: BHP +2.5% , RIO +1.7% , VALE +2.6% . More news on: BHP Group, Rio Tinto Group, Vale S.A., Commodities news, Stocks on the move, ...

Iron ore prices have peaked but will remain at elevated levels because of strong demand from China, Goldman Sachs says More news on: Vale S.A., BHP Group, Rio Tinto Group, Commodities news, Read more ...

Fortescue Metals ( OTCQX:FSUMF ) says it will spend ~$287M to develop the Queens Valley mining area in Western Australia's Pilbara region. More news on: Fortescue Metals Group Limited, Commodities news, Read more ...

The price of iron ore pushes past $100/mt for the first time since May 2014, S&P Global Platts reports, on reduced supply from big miners and strong steel demand from China, causing low inventories at steel mills. More news on: Vale S.A., Rio Tinto Group, BHP Group, Commodities ...

Shares of the major Australian miners are on the rise after a Brazilian court ordered Vale (NYSE: VALE ) to halt operations at its Brucutu mine , raising expectations of a further supply crunch in the iron ore market: OTCQX:FSUMF +6.5% , RIO +2% , BHP +1.5% . More news on: Vale...

Industrial companies and metals producers reliant on Chinese demand bounce off opening losses but remain sharply lower following Pres. Trump's latest tariff threat. More news on: Deere & Company, DowDuPont Inc., Caterpillar Inc., Stocks on the move, Commodities news, News on ETFs, ...

Australia's iron ore exports rebounded in April after production was hit by a cyclone in the previous month, but the surge in shipments was not enough to offset declining volumes from Brazil ever since January's tailings dam disaster. More news on: BHP Group, Rio Tinto Group, Vale S.A., ...