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atlas iron ltd (AGO) Snapshot

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12/9/13 - A$1.24
52 Week Low
06/16/14 - A$0.55
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atlas iron ltd (AGO) Details

Atlas Iron Limited, an independent iron ore company, is engaged in the exploration, development, mining, and sale of iron ore. The company primarily operates the Pardoo, Wodgina, and Mt Dove iron ore mines in Australia. It also develops mines at Abydos and Mt Webber in the Pilbara region in Western Australia. In addition, the company explores and develops manganese in Namibia, Ghana, and the East Pilbara region of Western Australia. Atlas Iron Limited is based in Perth, Australia.

311 Employees
Last Reported Date: 08/21/13

atlas iron ltd (AGO) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: A$812.7K
Chief Operating officer
Total Annual Compensation: A$416.8K
Executive Director of Commercial, Company Sec...
Total Annual Compensation: A$457.7K
Chief Development Officer
Total Annual Compensation: A$418.2K
Compensation as of Fiscal Year 2013.

atlas iron ltd (AGO) Key Developments

Atlas Iron Limited, Q4 2014 Operating Results Call, Jul 24, 2014

Atlas Iron Limited, Q4 2014 Operating Results Call, Jul 24, 2014

Atlas Iron Limited Reports Operating Results for the Quarter Ended June 30, 2014

Atlas Iron Limited reported operating results for the quarter ended June 30, 2014. For the quarter, the company reported total ore mined were 3,586,689 tonnes compared to 2,305,275 tonnes in previous quarter. Ore processed were 3,134,070 tonnes compared to 2,349,494 tonnes in previous quarter. The company shipped 3.1Mt (WMT) for the June 2014 quarter, 2.8Mt of Standard Fines and 0.3Mt of Value Fines. Consistent performance at Abydos (3.8Mtpa annualised), and Wodgina (5.9Mtpa), combined with the continuation of processing of excess ore tones from Wodgina at Mt Dove (2.7Mtpa annualised), supported a 12Mtpa production rate over three consecutive months in the June 2014 quarter.

Atlas Iron Ltd Opens Mt Webber Mine in Western Australia's Pilbara Region

Atlas Iron Ltd. announced the opening of its Mt Webber mine in Western Australia's Pilbara region. The official opening follows the start of mining activity in December 2013 and crushing and screening operations from June 1, 2014 with haulage operations set to commence on July 18. Production at the project is starting at a nominal rate of 3 Mtpa and is expected to ramp up to 6 Mtpa following the commissioning of the second phase expansion by the end of the December quarter. Mt Webber is the fifth mine that Atlas has developed and cements its ability to deliver cost-effective, on-schedule projects.


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