Morgans Blog | Morgans

Iron Ore: As good as it gets

17 June 2021, 4:00 PM

Lofty market valuations and potential early signs of moderation leave us nervous.

Fortescue Metals Group: Pressure building

07 June 2021, 10:30 AM

After a remarkable run, and hefty shareholder returns, we see the risk/reward balance for FMG finally skewed to the downside.

Fortescue Metals Group: Inflation wipes Iron Bridge return

By Adrian Prendergast

31 May 2021, 2:30 PM

Reporting material cost inflation in the Pilbara, Fortescue Metal Group (FMG) has had to downgrade capital expenditure assumptions for Iron Bridge.

Commodities: Gold miners – balancing growth with margin

By Mat Collings

13 May 2021, 2:30 PM

Though the gold price declined through Q3, we have seen a lift in the All Ords Gold Index since March with improving gold price and inflation fears re-emerging.

BHP Group: Solid underlying despite rain and COVID-19

By Adrian Prendergast

21 April 2021, 3:30 PM

Despite heavy weather and COVID-19 impacts, BHP posted a solid underlying operational performance across iron ore, copper, petroleum and nickel. However, metallurgical and thermal coal disappointed.

Rio Tinto: Metal prices offset soft start

By Adrian Prendergast

20 April 2021, 3:30 PM

Rio Tinto (RIO) reported a reasonable 1Q21 result, although weather and travel restrictions impacted RIO's operations, especially in its flagship iron ore business.