leadf
logo-loader
viewFenix Resources Ltd

Fenix Resources just weeks away from start of production at Iron Ridge project

Fenix Resources Ltd's (ASX:FEX) Rob Brierley speaks to Proactive's Andrew Scott soon after signing a deal for the road transport component of its Iron Ridge Project in Western Australia. The contract with Fenix Newhaul Pty Ltd is valued at around $360 million for the estimated six-year life-of-mine. Iron Ridge hosts a JORC 2012-compliant indicated and inferred resource of 10.5 million tonnes at 64.2% iron with an ore reserve of 7.76 million tonnes at 63.9% iron.

Quick facts: Fenix Resources Ltd

Price: 0.215 AUD

ASX:FEX
Market: ASX
Market Cap: $84.54 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Fenix Resources Ltd named herein, including the promotion by the Company of Fenix Resources Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Bulls, Bears & Brokers: Davide Bosio on recent developments in iron ore

Davide Bosio, manging director, CEO & head of corporate finance at DJ Carmichael updates Proactive Investors on recent developments in the iron ore sector.   Bosio says the big miners have benefited from higher prices while Fortescue Metals Ltd (ASX:FMG) has seen its share...

on 19/3/19

2 min read