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Fenix Resources Ltd boosts iron ore production by 27% in June quarter

Fenix Resources boosts iron ore production by 27% in June quarter
The fledgling iron ore producer shipped nearly 281,000 tonnes of product in the June quarter, up 27% on the previous quarter.
“It was an outstanding quarter on the back of steady-state production rates and strong iron ore prices,” says MD.
Fenix Resources Ltd (ASX:FEX) shipped just shy of 281,000 tonnes of iron ore from its WA Iron Ridge Project at an average price of US$185 per tonne during the June quarter.
It is the second successful quarter for Fenix, following its maiden iron ore shipment of 220,000 tonnes in March.
Five iron ore shipments were sold in total, comprising 129,331 wet metric tonnes (wmt) of lump and 151,456 wmt of fines. ....

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Proactive news headlines including Golden Rim Resources, Ora Banda Mining, Nexus Minerals and ioneer

Proactive news headlines including Golden Rim Resources, Ora Banda Mining, Nexus Minerals and ioneer
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

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S&P/ASX 200 gains as Nasdaq and S&P 500 continue record run

S&P/ASX 200 gains as Nasdaq and S&P 500 continue record run
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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Maritime Resources Corp.: Maritime Resources Expands Exploration Program to 40,000 Metres - Commences Largest Drill Program in Company's History

Completion of Regional Airborne VTEM Geophysical Program Announced
Toronto, Ontario (Newsfile Corp. - June 2, 2021) - Maritime Resources Corp. (TSXV: MAE) ("Maritime" or the "Company") is pleased to ....

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Fenix Resources Ltd makes strong start as iron ore producer with shipments totalling 220,000 tonnes

Fenix Resources makes strong start as iron ore producer with shipments totalling 220,000 tonnes
The company expects a surge in production and shipments in the coming quarters in line with the streamlining of steady output at the project along with a likely fall in capital expenditures.
Cash at the end of the quarter was $26.7 million and the company has no bank debt.
Fenix Resources Ltd (ASX:FEX) shipped a total of 220,000 tonnes of iron ore from the Iron Ridge Project at an average price of US$156/tonne during the March quarter with the ramp-up now complete.
C1 costs averaged A$93/tonne and are expected to progressively decline to approximately AS$85/tonne now that the ramp-up is complete. ....

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