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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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0.002(2.53%) 		Mkt cap ! $9.827M
Open High Low Value Volume
8.0¢ 8.1¢ 8.0¢ $6.382K 79.24K

Buyers (Bids)

No. Vol. Price($)
4 134404 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.1¢ 105776 1
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Last trade - 14.50pm 14/07/2025 (20 minute delay) ?
MGT (ASX) Chart

Top Stories

Inside the depths of Panasqueira: A legacy carved in rock

Go deep inside Almonty Industries' Panasqueira Mine in Portugal and discover the people, precision, and power behind one of the world’s most enduring and strategic mining operations.
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...
ASX Market Open: Trump has quickly turned into the boy who cried tariffs | July 15 Shares Down Under are expected to rise by +0.5% at market open today, mirroring global sentiment after northern hemisphere indexes got a chance to trade under Trump’s latest tariffs threats from over the weekend of Week 28.Listen to the HotCopper podcast for in-depth discussions a...
'Defining moment' for Unico as miner expands Joaquin's mineralised footprint Unico Silver (ASX:USL) has received drill results being heralded as a @defining moment” for the silver miner, with the hits validating its geological model and suggesting Joaquin’s La Negra prospect is even larger than expected.Listen to the HotCopper podcast...
ASX Market Close: Iron ore prices stay strong; US CPI data due Tues night Welcome to HotCopper’s Market Close for Monday 14 July, I’m Jon Davidson. A new week, another day trading flat...

Featured News

NEWS Significant gold intercepts below Samat and Sorowar pits in resource drilling update
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NEWS Exploration drilling confirms large gold system at Abercromby Gold Project
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NEWS Mandalay Resources Discovers High-Grade Skarn and Provides Update on Near Mine Exploration at Björkdal
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NEWS La Negra delivers growth with exceptional silver equivalent drill results
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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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