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MAGNETITE MINES LIMITED. - Discussion

1.22% ! 8.3¢
Market Cap $10.07M  !
Metals & Mining Industrial Metals & Minerals
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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

Magnetite Mines Limited.

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8.3¢ 		Change
0.001(1.22%) 		Mkt cap ! $10.07M
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History repeats for DroneShield investors but carnage so far subdued

More or less exactly one year after Droneshield prices crashed after hitting a key level above $2.30/sh in 2024; after another sustained...
Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in With the price of copper already subject to post-COVID tailwinds and widespread conviction we’re at the early days of a copper @megatrend,” it already looked like the electrification metal was a pretty strong bet.Listen to the HotCopper podcast for in-depth d...
Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices Burgundy Diamond Mines (ASX:BDM) has been battered heading into the Week 29 weekend after suspending its Point Lake diamond operation in Canada and sacking several hundred employees and contractors.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines ...
Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition Strategic Energy Resources (ASX:SER) has bought a copper-gold project in western Queensland, paying London-listed Anglo American cash and scrip for a new exploration frontier 280 kilometres south of Cloncurry.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest...
HotCopper Highlights: Trigg; Droneshield; Lumos & more Good Afternoon and welcome to HotCopper Highlights for Week 29 of the year, I’m Jon Davidson. This segment wrapping up what you...

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