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MGT

MAGNETITE MINES LIMITED. - Discussion

2.53% ! 8.1¢
Market Cap $9.827M  !
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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8.1¢ 		Change
0.002(2.53%) 		Mkt cap ! $9.827M
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8.0¢ 8.1¢ 8.0¢ $6.382K 79.24K

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No. Vol. Price($)
4 134404 8.0¢
 

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Price($) Vol. No.
8.1¢ 105776 1
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Listen: HotCopper Wire Podcast 017 – RBA holds the toppings 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 28 epis...

Featured News

NEWS Blue Moon first wedge hole intersects 543g/t gold over 1.2m in laminated quartz vein
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NEWS Johns Lyng Group enters scheme implementation deed with PEP
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NEWS Nyrada advances to final cohort in Phase I clinical trial of Xolatryp
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NEWS Anson Progresses POSCO Due Diligence with Bulk Green River Brine Shipment to Korea
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NEWS Rincon Lithium Project to be powered by 40MW energy infrastructure
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NEWS Significant gold intercepts below Samat and Sorowar pits in resource drilling update
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