Atlas Iron Limited (ASX:AGO) 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 listing on the ASX in late 2004, Atlas has grown rapidly and is now a member of the ASX100 index.
A group of junior miners in Pilbara region have formed an alliance to develop an independent iron ore export terminal at Australia's Port Hedland, while the big miners have dominated their own infrastructure projects.
Atlas Iron Limited (ASX:AGO) is pleased to announce that it has today signed a landmark Native Title Mining Agreement with the Kariyarra people in the Pilbara region of Western Australia. This is an important milestone in the development of the Company's Wodgina Iron Ore Project located 100 kilometres south of Port Hedland.
Atlas Iron Limited (ASX:AGO) is pleased to be exhibiting at this year's Diggers and Dealers Mining Forum which is taking place from 3-5 August in Kalgoorlie.
Atlas Iron Limited (ASX:AGO) is pleased to announce an initial resource estimation for its Mt Webber DSO Project. Mt Webber (Atlas 100% Fe rights) is located 150km southeast of Port Hedland in the Pilbara region of Western Australia.
Atlas Iron Limited (ASX:AGO) is exporting iron ore through the port of Port Hedland and actively exploring for Direct Shipping Ore (DSO) in the Pilbara of Western Australia. With a growing number of high quality iron ore projects and one of the largest exploration landholdings in the Pilbara, the Company is defining resources and reserves capable of being mined with relatively low capital expenditure.
Atlas Iron Limited (ASX:AGO) is pleased to report on the outcomes of the Feasibility Study for its 100%-owned Wodgina DSO Project, located 100km south of Port Hedland in the Pilbara region of Western Australia.
Atlas Iron Limited (ASX:AGO) is pleased to report continued growth in its Direct Shipping Ore (DSO) resource and reserve position for its Pilbara iron ore projects as at July 2009. Highlights include: A 65% increase in DSO resources to 94.9Mt At 56.5% FE since January 2009, a 70% increase in DSO reserves to 25.5Mt at 57.9% FE since July 2008 and a 75% conversion of Wodgina indicated resources to reserves initial DSO resource for the Turner River Project of 2.5Mt at 58.5% FE.
Atlas Iron Limited (ASX:AGO) is pleased to announce further exploration success from its north Pilbara exploration projects. The company continues to deliver high-grade direct shipping iron ore (DSO) results from ongoing aggressive exploration within its Mt Webber, Wodgina and Turner River projects, all located within a 150km radius of Port Hedland in the Pilbara of Western Australia.
Following the announcement of a successful institutional placement of A$105 million at an issue price of $A1.39 per share (Placement), Atlas Iron Limited (ASX:AGO) is pleased to announce the Atlas Share Purchase Plan (Plan) to provide an opportunity for all eligible shareholders to purchase up to A$5,000 worth of additional new fully paid shares in Atlas (Shares).
The Australian market was slightly up on Friday fuelled by resources stocks. The benchmark S&P/ASX200 index closed up 15 points, or 0.37 per cent, to 4062.2, while the broader All Ordinaries index gained 14.8 points, or 0.37 per cent, to 4061.5. The local market has received negative lead from weaker commodities prices. Investors may look towards profit guidance while there could be limited company news scheduled this week.
