During the March 2013 quarter, Atlas Iron announced an increase in its total Pilbara ore reserves of 21% to 499 Mt, further strengthening the company's existing operations, near term development projects and its longer-term growth strategy. The upgraded reserve estimate, which compares to the previously published figure of 30 June 2012, includes a [...]
Atlas Iron Limited is pleased to announce that the first phase of the rail Alliance study with Aurizon Operations Limited and Brockman Mining Limited, has been completed. The study sought to provide a preliminary evaluation of a new, independent, multi-party railway to connect iron ore mines in the East Pilbara to Port Hedland.
Perth, Australia (ABN Newswire) - In a volatile and sharply weaker iron ore market, Atlas Iron Limited (ASX:AGO) has made a cash surplus from operations of A$70M (2011 - A$164M). During the period, the Company also commenced exports from the Mt Dove mine, started development at the Abydos mine and shipped a record total of 3.34Mt (WMT [...]
Atlas Iron advises that it will book a non-cash impairment of $258M, net of deferred MRRT and income tax, in its accounts for the six months to 31st December 2012. This follows a review of the carrying value of select undeveloped Horizon 1 and 2 exploration project areas and non-core tenements. The impairment is a consequence of the accounting [...]
Atlas Iron is pleased to announce that its total Pilbara Ore Reserves have increased by 21% to 499Mt, further strengthening the Company's existing operations, near term development projects and its longer-term growth strategy. The upgraded Reserve estimate, which compares with the previously published figure of 30 June 2012, includes a 21% increase [...]
Production for the December 2012 Quarter resulted in shipments of 1.75Mt (WMT) including four Atlas Value Fines cargos totalling 373,000t. This reflects a 10% increase on the September 2012 Quarter and is in line with recent guidance for shipped tonnes for first half FY2013.
Atlas Iron is pleased to provide an update on key development projects contributing to its near-term Horizon 1 production target of 12Mtpa. In addition to the start of production at the Mt Dove Mine (as announced on Friday), further material progress is being made at its Abydos Mine and Utah Point Yard 2 projects.
Atlas Iron is pleased to announce that production has commenced at its third Pilbara iron ore mine, Mt Dove, located 65km south of Port Hedland in WA, representing a key steppingstone towards achieving its near-term Horizon 1 production target of 12Mtpa. Atlas Managing Director Ken Brinsden said 'Atlas has a proven track record in Pilbara mine [...]
Atlas Iron is pleased to announce that it has signed three new term offtake contracts covering ~2.2 million tonnes of iron ore a year. The three contracts, which have durations of 1 to 3 years, were signed with two Chinese steel mills and a major international trading house.
Atlas Iron is pleased to announce that it has completed the Company's previously-foreshadowed USD$325 million financing package, ensuring Atlas remains firmly on track to meet its Pilbara iron ore production target of 12 million tonnes per annum by December, 2013. In light of the significant improvement in iron ore markets during the December 2012 [...]
Perth, Australia (ABN Newswire) - Atlas Iron Limited (ASX:AGO) is pleased to advise that it remains on track to sustain exports at a rate of 10Mtpa by the June 2013. The progress towards further production growth comes as Atlas achieved record shipments of 700,000 tonnes (wet) in October 2012.
Perth, Australia (ABN Newswire) - Atlas Iron Limited (ASX:AGO) (PINK:ATLGF) Announces the October 2012 Investor Presentation with the record tonnes hauled / shipped in the September 2012 Quarter
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