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Wednesday
8 September 2010
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GRANGE RESOURCES LIMITED STORIES

[67 Results - Showing Results 1 to 30]

Grange divests Malaysian assets


MAGNETITE producer Grange Resources has reached an agreement to sell its Buki Ibam mine and tailings area in Malaysia, in order to focus on its Australian projects.
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Grange has two reasons to smile


IT was a double whammy for Grange Resources today after it secured a 25% increase in interim pricing for its iron ore pellets and received notification of Commonwealth approval for the Albany Port expansion.
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Grange lowers costs further


GRANGE Resources has reduced its direct operating costs again, with mining costs at its Savage River magnetite mine now just over half what they were in the September 2009 quarter.
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Grange maintains profit


DESPITE a 39% fall in half-year revenue, magnetite producer Grange Resources posted a modest 8% fall in profits from operations at its Savage River mine in Tasmania.
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This could have been a real blast
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THERE was a time when environmental approval was not the largest hurdle to dredging Albany Port. Noel Dyson explains.
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Albany port expansion gets EPA thumbs up


GRANGE Resources’ Southdown iron project has received a boost after Western Australia’s environmental watchdog gave the green light to the expansion of the Albany port.
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More magnetite at Savage River


GRANGE Resources has discovered two additional magnetite lenses in an area of prestripping at its Savage River mine in Tasmania.
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Big year for Grange


THE past year has been the biggest for Grange Resources, with the company transformed by the merger with Australian Bulk Minerals into Australia’s largest magnetite pellet producer.
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Challenging but successful period for Grange


GRANGE Resources boosted pellet production by 20% in the June quarter and says demand for its magnetite products remains strong despite difficult trading conditions.
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New ports line up for China recovery
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WE may have seen the worst of the iron ore downturn, with analysts tipping a balanced market in the next few years. But is the tentative recovery enough to justify four new WA ports in as many years? The Metal Detective by Stephen Bell.
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Grange boosts Southdown by 37%


IRON ore producer Grange Resources has announced a resource upgrade for its Southdown magnetite project near Albany in Western Australia.
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Asset sale boosts Grange


IRON ore producer Grange Resources has reached an agreement to sell its 51% interest in the Bukit Ibam magnetite project in Pahang State, Malaysia, for $A2 million.
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Faith lacking in the sector
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THE Australian Securities Exchange announced this week that in a six-month period 312 out of 5200 announcements made by the 800 mining and exploration companies listed on the exchange had not complied with the JORC code. By Ron Berryman, editor of RESOURCESTOCKS magazine.
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Pellet sales up for new entity


GRANGE Resources has reported a 23% year-on-year boost in sales in the first quarter of production at Savage River following its merger with Australian Bulk Minerals.
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Cracking leads to Savage River mill shutdown


GRANGE Resources announced today that a mill at its Savage River iron ore operation in Tasmania has experienced some shell cracking and will be taken offline for 8-10 weeks.
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Rio’s stake in Grange reduced


THE issue of more than 380 million new Grange Resources shares has seen Rio Tinto’s stake in the iron ore play reduced from 7.8% to just 1.8%.
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Grange finds its iron ore soulmate


GOVERNMENTS may have been tapping into Middle Eastern sources of finance to replenish their hard-hit coffers, but China will continue to power the global economy according to Grange Resources chairman Anthony Bohnenn. By Nick Cottam - RESOURCESTOCKS*
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Overwhelming support for Grange-ABM merger


THE merger between Grange Resources and Australian Bulk Minerals is one step closer after Grange shareholders voted in favour of the deal in Perth today.
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GRANGE



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ABM offtake deals cancelled


CHINA-controlled iron ore producer Australian Bulk Minerals, which is currently in a proposed $A1 billion merger with Grange Resources, has reported that one of its major customers – BlueScope Steel – has cancelled three shipments scheduled for delivery during December.
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Executive Outcomes: Bass Metals, Grange, Windy Knob, Augustus, Fortuna, Golden State, Talisman Mining


METALS Finance Corporation chief executive Tony Treasure has joined Perth-based, Tasmania-focused explorer Bass Metals as non-executive director. Metals Finance holds a 19.9% shareholding in Bass.
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Executive Outcomes: BHP, Grange, Western Metals, Oropa, Avonlea, QGM, Corvette, Great Australian, Robust, NGM, Signature, Golden State


JUST days after resigning as managing director of Rio Tinto’s Coal & Allied, Hubie van Dalsen has been appointed president of metallurgical coal for BHP Billiton.
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Grange’s Tassie vintage Part 2



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Grange’s Tassie vintage


An Australian magnetite hopeful might actually get into production. By Stephen Bell
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FIRB approves Grange, ABM merger


GRANGE Resources says it has received Foreign Investment Review Board approval for its proposed $A1 billion merger with China-controlled iron ore producer Australian Bulk Minerals.
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Grange, ABM head towards merger
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GRANGE Resources’ merger with Australian Bulk Minerals will see it pick up an invaluable asset – a profitable operation. In fact, ABM is Australia’s largest exporter of magnetite pellets. Kristie Batten visited the Savage River mine in Tasmania.
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Executive Outcomes: CBH, Chalice, Maximus, Flinders, Eromanga, Intrepid, Galaxy, Haddington, Grange, Indophil, China Steel, ElDore, Lion Selection


ZINC and lead miner CBH Resources has announced a number of changes to its board as it seeks to take over rival miner Perilya.
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Grange sells further Southdown stake to Sojitz


GRANGE Resources has sold a further 30% stake in part of its Southdown project to joint venture partner Sojitz, netting the iron ore hopeful an additional $A13.4 million in cash and potential future royalty payments.
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Grange in trading halt


DAYS after announcing its $A1 billion merger with China-controlled iron ore producer Australian Bulk Minerals, Grange Resources looks poised to make another major announcement.
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Grange to merge with Australian Bulk Minerals


GRANGE Resources today announced it has entered into binding agreements to merge with iron ore producer Australian Bulk Minerals to create a company worth around $A1 billion.
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