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Grange Resources Ltd (GRR.AX)

GRR.AX on Australia Stock Exchange

28 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Grange Resources updates on serious incident at Savage River mine
Sunday, 19 Mar 2017 10:21pm EDT 

Grange Resources Ltd : Serious incident at Grange Resources Savage River mine . Confirmed that a specialist contractor has been involved in a serious safety incident at savage river mine's north pit . Mine's operations have resumed in south deposit which is five kilometres away from site of incident and thus not impacting on ongoing investigation .Is working with worksafe Tasmania as part of investigation into incident.  Full Article

Grange Resources says FY profit attributable to members $92.9 mln
Monday, 27 Feb 2017 04:57pm EST 

Grange Resources Ltd : FY profit attributable to members $92.9 million versus loss of $277.8 million . FY revenues from ordinary activities up 34 pct to $276.3 million .Final dividend 0.50 cents per share.  Full Article

Grange Resources Ltd updates on ongoing cost reduction strategy
Thursday, 21 Jan 2016 03:51pm EST 

Grange Resources Ltd:The company has accelerated its ongoing cost reduction strategy.Says redundancies represent less than 10 per cent of grange's total workforce, and will include a number of voluntary redundancies.This will involve an internal restructure which will result in up to 55 positions being made redundant at its operations in tasmania".Cost reduction program was a direct response to current iron ore price environment".  Full Article

Grange Resources Ltd says redundancies may be made
Tuesday, 5 Jan 2016 12:34am EST 

Grange Resources Limited:Says achieved record pellet production in 2015 despite the refurbishment of the mills during the year.Due to the subdued pellet demand combined with the optimisation strategy, redundancies may be made.  Full Article