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atlas iron
In July 2011 shares in junior iron ore miner Atlas traded as high as $4.34 valuing the company in excess of $4billion. Today the shares sit suspended at 12cents. The company’s directors are now hitting the streets in an attempt to convince investors that a new look and lower cost... Show More
The iron ore spot price is at $47.08 and three in every four tonnes of iron ore produced globally is now at / near loss making. In today’s AFR the front page headline reads “Iron ore price war rocks Atlas” and through our morning meeting we discussed which high cost... Show More
The fall in the iron ore price is taking a toll with more junior miners being forced out of the market. Atlas Iron is the latest victim with the following release. “Atlas Iron Limited (ASX:AGO) requests a voluntary suspension in the trading of its securities, effective immediately. The voluntary suspension... Show More
3rd June 2014, CommSec CBA Executive Series: Atlas Iron's (AGO) Executive director Mark Hancock discusses production at Atlas's Horizon 1 mine, the outlook for costs as Atlas ramps up to 15mtpa output and plans for a rail infrastructure solution. Show More