More Sites

WPG Resources Ltd

0.047
CHANGE
-0.002 (-4.08%)
20 minute delayed prices during trading hours
VOLUME
147.5K
DAY'S HIGH
0.049
DAY'S LOW
0.047
WPG Resources Ltd (WPG) is an Australia-based company engaged in exploration, evaluation and development of its iron ore and coal projects located in South Australia. The iron ore projects comprise the Peculiar Knob direct shipping iron ore (DSO) projects, the Hawks Nest and WISCO Joint Venture and Giffen Well Iron Ore. The Company continues to pursue and invest in iron ore with the Giffen Well project. Giffen Well Iron Ore is located 120 kilometres south of Coober ... continued
COMPARED TO..
advertisement
WPG Resources Ltd
WPG Resources Ltd (WPG) is an Australia-based company engaged in exploration, evaluation and development of its iron ore and coal projects located in South Australia. The iron ore projects comprise the Peculiar Knob direct shipping iron ore (DSO) projects, the Hawks Nest and WISCO Joint Venture and Giffen Well Iron Ore. The Company continues to pursue and invest in iron ore with the Giffen Well project. Giffen Well Iron Ore is located 120 kilometres south of Coober Pedy and 25 kilometres from the Central Australian railway line, the project has a direct link to WPG’s Port Pirie port facility. On August 2011, the Company purchased industrial block of land at Port Pirie. On October 6, 2011, the Company announced that the sale of its iron ore assets to OneSteel Limited has been completed. In May 2014, Mungana Goldmines Ltd completed its sale of Tunkillia Gold Pty Ltd and its interests in Tunkillia and Tarcoola gold projects in South Australia to WPG Resources Ltd.
MONEY MAGAZINE
New home loan trapForty may be the new 30 but when it comes to getting a home loan, lenders will look at you as if you're 65.

Columnists

Advisers in the firing line
Living in Australia is changing forever with the use of technology and online
Fortescue profits hits record highIron ore miner Fortescue Metals has lifted net profit by 56 per cent to a record $US2.7 billion but is balancing repaying debt with dividends. RBA boss admits low rates do hurtRetirees and savers are feeling the pinch from low interest rates, the head of the Reserve Bank says, but added that they won't be rising soon.
Bob Dylan lyrics to headline $3-5 mn NY music auctionHandwritten song lyrics from legendary singer Bob Dylan go under the hammer in New York Tuesday, the most treasured possessions in a collection of rock memorabilia valued at $3-5 million.

Latest WPG news

OneSteel posts loss, flags jobs cuts
It plans to increase iron ore production when the Peculiar Knob project, acquired last year from WPG Resources, begins exports in the December quarter.
8422979
OneSteel says conditions still challenging
"We indicated that net profit after tax (excluding transaction costs and stamp duty in relation to the acquisition of WPG Resources iron ore assets) would be in the range of $55 million to $75 million," Mr Smedley said on Monday.
8377353
New managment changes at OneSteel
The company recently announced the expansion of its port facilities at Whyalla in South Australia and agreed to acquire subsidiaries of WPG Resources Limited.
8350631
FN Arena Broker Call Headlines - 24 Aug 2011
UBS rates as Buy (1) - The broker notes the company is set to alm double its Whyalla port capacity for the price of around $200m. Work should be done by the end of 2012 and fits in nicely with increased production assumption coming from the acquisition of WPG Resource, says UBS. The stock remains the broker's top steel exposure and with shares trading on a 5x FY12 PER and with 30% upside to the broker's target, the Buy call is maintained. More
8289518
OneSteel buy Peculiar Knob iron ore
OneSteel on Monday also said it would spend the $346 million on iron ore assets in South Australia including Peculiar Knob, which it was purchasing from WPG Resources.
8288432
WPG gets approval for Peculiar Knob mine
WPG Resources is set to join the ranks of iron ore producers following the South Australian government's go-ahead to develop the Peculiar Knob mine in the Woomera Prohibited Area.
8270607
MACA upgrades FY profit guidance
MACA said it was benefiting from projects developed by clients WPG Resources Ltd and Regis Resources Ltd.
8260789
WPG expects mine approval in July
Iron-ore developer WPG Resources says it expects the mining regulator to approve its mining and rehabilitation plan (MARP) for the Peculiar Knob project in South Australia in July.
8255102
Upside Earnings Risk For MACA
Post the result, DJ Carmichael sees the tendering outlook as strong, as evidenced by a contract win for MACA with WPG Resources ((WPG)) worth $285 million. This brings work-in-hand for MACA to a little more than $680 million.
8229619
Maca reports half year profit up 121pc
Maca said it was talking with a range of existing and new clients about new contracts and extensions to existing contracts following its first contract win outside Western Australia, a $285 million, six-year deal with WPG Resources at the Peculiar Knob project in South Australia.
8213922
+ MORE ARTICLES
Personal Finance: tips for trading shares
Sharemarket basics: A Numbers GameLooking for shares to back? You'll need all the help you can get. Investing in shares can be something of a numbers game, especially when the financial press is peppered with mention of ratios such as "dividend yield" and "earnings per share". Sharemarket basics: How to Sell SharesWhen you didn't buy your shares in the first place, it's difficult to know where to start when you want to offload them. Allison Tait finds out how best to sell, sell, sell! Learners guide: Investing OverseasInvestors looking to diversify their portfolio could explore the option of investing overseas - after all, the Australian sharemarket represents only a small percentage of the world's markets.


Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon.

"Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies. For additional information on other Reuters media services please visit http://about.reuters.com/media/.

FTSE®", FT-SE®", Footsie®", ["FTSE4Good®" and "techMARK"] are trade marks jointly owned by the London Stock Exchange Plc and The Financial Times Limited and are used by FTSE International Limited ("FTSE") under licence. ["All-World®", All- Share®"; and "All-Small®"; are trade marks of FTSE.] "The FTSE [NAME OF FTSE INDEX] is calculated by FTSE. FTSE does not sponsor, endorse or promote this product and is not in any way connected to it and does not accept any liability in relation to its issue, operation and trading."