Fortescue Metals Tag

Two of Australia’s largest miners, BHP Billiton and Hancock Prospecting have held talks over potentially initiating mining and exploration projects in Ecuador, according to the nation’s government. Ecuador’s Mining Minister Javier Cordova Unda said both firms have had discussions with national officials on the prospects of...

Fortescue Metals (ASX:FMG) has initiated a US$577 million repayment of debt today by issuing a voluntary redemption notice to holders of the 8.25% senior unsecured notes due in 2019, the firm announced today. The outstanding notes will be absolved in full from accumulated cash on hand...