Copper $ 5.4065 / lb 0.86%
Brent Crude Oil $ 63.12 / bbl -0.28%
Palladium $ 1494.5 / ozt 0.84%
Crude Oil $ 59.49 / bbl -0.35%
Natural Gas $ 5.089 / Btu 0.24%
Silver Futures $ 58.065 / ozt 0.88%
Aluminum Futures $ 2921.75 / ton 0.19%
Micro Gold Futures $ 4234.1 / ozt -0.09%
Micro Silver Futures $ 58.07 / ozt 0.95%
Platinum $ 1658.3 / ozt -0.31%
Gold Futures $ 4234.1 / ozt -0.13%
Go to MDC Markets

Fortescue swoops on Red Hawk, secures 90% stake

Staff Writer | February 19, 2025 | 6:03 am Markets Top Companies Australia Iron Ore 

Fortescue Metals Group (ASX: FMG) has increased its majority stake in junior Australian iron ore miner Red Hawk (ASX: RHK) to more than 90%, triggering a compulsory acquisition process. The Australian Stock Exchange will halt the trading of Red Hawk’s shares...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now