Territory Resources upbeat about iron-ore prices

Iron-ore producer Territory Resources said on Thursday that strong iron-ore spot prices were assisting it in its effort to realise a substantial cash margin on its production. In the company’s interim report for the period ending December,...

Territory looking to extend life of Frances Creek, eyes acquisitions

Australian iron-ore company Territory Resources is looking to extend the operating life of its Frances Creek mine, in the Northern Territory, chairperson Andrew Simpson said on Monday. He said in a copy of a speech delivered at the company’s...

Haslam appointed as new Territory CEO

ASX-listed Territory Resources has appointed Andy Haslam as MD and CEO of its board. Haslam, who joined Territory as COO on February 2, this year, is a highly experienced mining executive with over 25 years of wide-ranging experience including...

Output of 2,5mt now the target at Frances Creek

Australian iron-ore miner Territory Resources reported on Wednesday that its Frances Creek mine, in the Northern Territory, reached “steady state” production during March, and that it was now seeking to increase output beyond initial...