Perth, Australia (ABN Newswire) - Atlas Iron Limited (ASX:AGO) (PINK:ATLGF) is pleased to announce that it has secured a fully underwritten commitment for a funding facility of US$325 million ('Term Loan') as part of its strategy to grow its North Pilbara iron ore production. The Company is targeting exports at a rate of 12 million tonnes per [...]
Perth, Australia (ABN Newswire) - Atlas Iron Limited (ASX:AGO) is pleased to provide the Company 2012 Annual Report to shareholders for the year ended 30 June 2012. Atlas is an independent Australian iron ore company, mining and exporting Direct Shipping Ore (DSO) from its operations in the Northern Pilbara region of Western Australia. Since [...]
Sydney, Australia (ABN Newswire) - Atlas Iron Limited (ASX:AGO) (PINK:ATLGF) welcomed the announcement by Hon Troy Buswell (West Australian State Treasurer and Transport Minister) on 24 August 2012 reaffirming his and the Port Hedland Port Authorities (PHPA) approval of North West Infrastructure's (NWI; Atlas' interest 63%) right to develop two [...]
Sydney, Australia (ABN Newswire) - Atlas Iron Limited (ASX:AGO) (PINK:ATLGF) is pleased to report an underlying profit before tax of $98 million for the year to 30 June 2012.
Dynasty Metals Australia welcomes the latest joint announcement by Brockman Resources / Atlas Iron / QR National that three parties have entered into an Alliance Study Agreement to undertake 'a joint evaluation of a fully integrated mine, rail and port logistics solution in Western Australia's East Pilbara region.'
Atlas Iron is pleased to provide an update on progress towards its targeted 12mtpa production rate by December 2013.Atlas is pleased to advise that final environmental approvals for the Mt Dove mine site have been received. Atlas now has all necessary approvals and agreements in place to commence mining operations at Mt Dove. Atlas will commence [...]
Sydney, Australia (ABN Newswire) - Following a variation of the sale agreement, the total cash consideration of AU$39.5 million was paid to Atlas prior to settlement rather than in two tranches (AU$17.5 million on settlement and AU$22.5 million 12 months later) as originally announced in December 2011.
Atlas Iron is pleased to advise that it has made two key Board appointments as part of its preparations to grow iron ore production rate from 6Mtpa to as much as 46Mtpa. Chief Commercial Officer Mark Hancock has joined the Board as an Executive Director. The appointment reflects the central role played by Mr. Hancock in Atlas' corporate and trading [...]
Atlas Iron is pleased to provide a Company presentation at BAML Conference for May 2012. Company Highlights: Strong operating cash flows from existing mines, Low cash operating costs, 1 Billion1 tonne Pilbara DSO resource base, Growth focus, 6Mtpa currently, targeting 15Mpa by 2015 and 46Mtpa by 2017 - Realisable infrastructure solutions [...]
Atlas Iron is pleased to report on its Horizon 1 projects in the north Pilbara. Atlas' continued assessment and development of its DSO projects demonstrates they are amongst the world's most capital efficient iron ore expansion projects. Following feasibility work and project development to date, Atlas is pleased to provide an update of its Horizon [...]
Atlas Iron is pleased to provide its Quarterly Activity Report for the quarter ended 31 March 2012. Highlights of the Quarter include; Consistent with guidance, 1.21 Mt (WMT) shipped during the March 2012 Quarter; impacted predominantly by Tropical Cyclones Heidi and Lua, and the unplanned breakdown of the Utah Point ship loading facility in [...]
