Tags » Fortescue Metals Group

Andrew Forrest's $445 million pay day as FMG profit soars 100 per cent

The mining entrepreneur pockets a $445 million dividend cheque after Fortescue Metals Group posts a more than 100 per cent net profit jump on the back of stronger than expected iron ore prices.

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7 Feb 2017 (AFR) - Is the party over for resources and mining stocks?

(7 February 2017, AFR, p16, by Peter Ker)

‘The party has been raging for a year now, but there are signs the resources rally might be coming to an end. 53 more words

1.Market Observations

27 Oct 2016 (AFR) - Fortescue's rally isn't over, UBS says

(27 October 2016, AFR, p31, by Vanessa Desloires)

‘The bottom of the mining sector has given way to green shoots in the downtrodden parts of the economy and there is plenty of race┬áto run for resources stocks. 89 more words

1.Market Observations