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MAGNETITE MINES LIMITED.

Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on... Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on the development of magnetite iron ore resources in the highly prospective Braemar iron region of South Australia. Its projects include Razorback Iron Ore Project and Muster Dam Iron Ore Project. The Razorback Iron Ore Project is a magnetite iron ore deposit capable of producing a high-grade iron ore concentrate product for use in steel production. The Project is situated approximately 45 kilometers (km) from open-user rail, 120 km from the power grid and 200 km to existing deep water ports. The Project consists of two magnetite iron ore deposits, the Razorback and the Ironback Hill deposits. The Muster Dam Iron Ore Project is hosted by the same Braemar Iron Formation as the Razorback Iron Ore Project. The Project is located approximately 110 km to the northeast of Razorback. The Company has a total mineral resource of six billion tons of iron ore located approximately 240 km from Adelaide.More

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Timeline

Memorandum of Understanding with Zen Energy
18 Jul 08:53
 
Progress Update Webinar with CEO Tim Dobson
15 Jul 08:27
 
Update - Proposed issue of securities - MGT
09 Jul 11:26
 
Extension of Entitlement Offer closing date to 19 July 2024
09 Jul 09:31
 
Updated Disclosure notification - Entitlement Offer
08 Jul 09:48
 
Agreement signed with JFE Shoji to fund DFS
08 Jul 08:26
 
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Last
30.0¢
Change
0.010(3.45%)
Mkt cap ! $29.53M
Open High Low Value Volume
29.0¢ 30.5¢ 29.0¢ $33.48K 113.1K

Buyers (Bids)

No. Vol. Price($)
1 8000 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 5292 2
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Last trade - 15.35pm 19/07/2024 (20 minute delay) ?
Last
30.0¢
  Change
0.010 ( 1.69 %)
Open High Low Volume
29.5¢ 30.5¢ 29.5¢ 24658
Last updated 14.59pm 19/07/2024 ?
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