FSUMF News and Press, Fortescue Metals Group Ltd. From 11/11/19

Australia's big three iron ore producers BHP ( BHP -1% ), Rio Tinto ( RIO -1.5% ) and Fortescue ( OTCQX:FSUMF -6.2% ) are lower as seaborne iron ore prices sink to nine-month lows below US$80/mt. More news on: BHP Group, Rio Tinto Group, Fortescue Metals Group Limited, Commodi...

Fortescue Metals ( OTCQX:FSUMF +3.7% ) reported a 5% Y/Y increase in Q1 production, shipping 42.2M tonnes of ore.C1 cash costs for Q1 were down by 2% Y/Y to $12.95/t. More news on: Fortescue Metals Group Limited, Fortescue Metals Group Limited, Commodities news, Read more ...

A 12% Dividend Yield and 2% Buyback Yield - Fully Covered Since my first article on Fortescue ( OTCQX:FSUGY ) ( OTCQX:FSUMF ) on July 30, the stock has risen 4.95% from A$8.29 to A$8.70 today. That article was a little complicated. So I will try to make this article a little easier to un...

Fortescue Metals ( OTCQX:FSUMF ) confirms its interest in part of the giant Simandou iron ore deposit, which was handed back earlier this year to Guinea's government by billionaire Beny Steinmetz's BSG Resources. More news on: Fortescue Metals Group Limited, Vale S.A., Commodities news, ...

Southern Copper ( SCCO -3.2% ) is lower even as Morgan Stanley upgrades shares to Equal Weight from Underweight with a $36 price target, saying at 7.3x the firm's forecast EBITDA, the stock's valuation is now close to the historical average. More news on: Southern Copper Corporation, F...

China's iron ore imports rose last month to the highest level since January 2018 , jumping 4.2% from July and 6.2% from a year earlier to 94.85M metric tons, Argus reports. More news on: Rio Tinto Group, BHP Group, Vale S.A., Commodities news, Read more ...

Copper prices are rallying amid renewed optimism for trade progress between the U.S. and China, bringing the metal's two-day gain above 4%. More news on: Freeport-McMoRan Inc., Teck Resources Limited, Southern Copper Corporation, Commodities news, Stocks on the move, News on ETFs, R...

Copper drops to its lowest price since mid-2017 amid mounting evidence of a global slowdown and fading prospects for a deal in the U.S.-China trade war. More news on: Freeport-McMoRan Inc., Teck Resources Limited, Southern Copper Corporation, Stocks on the move, Commodities news, News on...

Iron ore prices just concluded their biggest one-month drop in nearly eight years , reacting to China's faltering steel sector and improving supplies. More news on: Rio Tinto Group, BHP Group, Vale S.A., Commodities news, Stocks on the move, Read more ...

The spread between seaborne iron ore heading to China and iron ore at China's ports has widened to the highest in at least two years, following a rise in shipments from Australia and Brazil as disrupted mines gradually come back on track. More news on: Rio Tinto Group, BHP Group, Vale S....