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MAGNETITE MINES LIMITED. - Discussion

4.35% ! 7.2¢
Market Cap $8.824M  !
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
7.2¢ 		Change
0.003(4.35%) 		Mkt cap ! $8.824M
Open High Low Value Volume
7.1¢ 8.0¢ 7.0¢ $13.10K 182.6K

Buyers (Bids)

No. Vol. Price($)
1 8393 7.2¢
 

Sellers (Offers)

Price($) Vol. No.
7.4¢ 27672 1
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Last trade - 15.20pm 13/08/2025 (20 minute delay) ?
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7.7¢ 		  Change
0.003 ( 6.25 %)
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7.1¢ 7.7¢ 7.1¢ 101150
Last updated 12.36pm 13/08/2025 ?
MGT (ASX) Chart

Top Stories

Commonwealth down -5% despite a $10B profit, but don't expect a correction

With some rattled by the Commonwealth Bank (ASX:CBA) decline over -5% on Wednesday (as at lunchtime trades AEST)...
Evolution Mining up after delivering record profits, leaner balance sheet Evolution Mining (ASX: EVN) is up 3.4% in intra-day trade after a blockbuster result for FY25, including record profits, dividends, and a leaner, meaner balance sheet.Statutory net profit hit $926 million, while underlying profit surged to $958M, up 119% and 99% respectively on FY24. Underlying E...
Another day, another goldie popping off: Saturn Metals jumps +10% on drill hits Saturn Metals (ASX:STN) is eyeing 45 cents today as its share price jumps over +10% in Wednesday morning trades after flagging its discovery of @new high-grade, thick and relatively shallow” gold zones.Listen to the HotCopper podcast for in-depth discussions and insights on ...
Listen: HotCopper Wire Podcast 020 – Forget dreaming, the 9,000s are nearly here 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 33 epis...
AGL posts $98m loss, holds line on dividends – and eyes growth in FY26 AGL Energy (ASX: AGL) dived -13.8% in afternoon trade as disappointed investors reacted to its FY25 results by swiftly dumping stock. The company booked a loss of $98 million, weighed down by $596M in one-off hits.Listen to the HotCopper podcast for in-depth discussions and insights on all the bi...

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