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MAGNETITE MINES LIMITED. - Discussion

9.64% ! 9.1¢
Market Cap $11.04M  !
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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Last
9.1¢ 		Change
0.008(9.64%) 		Mkt cap ! $11.04M
Open High Low Value Volume
8.7¢ 9.1¢ 8.7¢ $15.08K 168.8K

Buyers (Bids)

No. Vol. Price($)
1 47 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 50000 1
View Market Depth
Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
Last
9.5¢ 		  Change
0.008 ( 14.5 %)
Open High Low Volume
9.3¢ 9.5¢ 9.3¢ 31150
Last updated 12.45pm 21/07/2025 ?
MGT (ASX) Chart

Top Stories

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Welcome to the end of the first day of Week 30 of 2025. It was a red day for the ASX wholemeal after Friday saw the bourse climb into the 8,700s based on nothing but vibes. Profit taking was the name of the game, especially after Wall Street ended flat on the Friday session US time, suggesting th...
Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony The good times keep rolling for Warriedar Resources (ASX:WA8) at its Ricciardo gold-antimony deposit, with the last of the assays from a drill run at the project’s Ardmore end confirming wider, high-grade gold intervals.Listen to the HotCopper podcast for in-depth discussions and ...
Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist Welcome to this week’s HotCopperWire, our market watch podcast! Each week, HotCopper’s senior markets reporter Jonathon Davidson and I take you through the week’s biggest news headlines @ and what they mean for Oz investors.In this Week 29 epis...
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...
This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution  It’s no secret that the rate of cancer both in Australia, and overseas, appears to be increasing – particularly among...

Featured News

NEWS High-Grade Gold Discovery Extends 75m North at 8 Mile Drill Hole
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NEWS Diamantina Advanced Copper-Gold Project Acquisition in Western Queensland
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NEWS Kameelburg Niobium and REE mineralisation extends to 1,350 Meters
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NEWS Update on exploration at Fosterville and Glenlogan
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NEWS High-grade copper identified at Nejo Gold Project, Ethiopia
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NEWS AnteoTech and Black Diamond Structures to Progress Advanced Battery Product in the USA
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