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MGT

MAGNETITE MINES LIMITED. - Discussion

15.9% ! 8.0¢
Market Cap $9.804M  !
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
8.0¢ 		Change
0.011(15.9%) 		Mkt cap ! $9.804M
Open High Low Value Volume
7.1¢ 8.0¢ 7.0¢ $7.214K 101.1K

Buyers (Bids)

No. Vol. Price($)
1 126538 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.8¢ 12802 1
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Last trade - 12.28pm 13/08/2025 (20 minute delay) ?
Last
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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)...
Two materials juniors with news on Wednesday: EV Resources and Redcastle At the small end of the ASX, there's always a lot going on. So let's take a look at two juniors with news out today...
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 ...
FMR sets Q4 date for Llahuin drilling after 'compelling' targets uncovered FMR Resources (ASX:FMR) is well on track to test a @genuine high-quality porphyry target” at its Llahiun Project joint venture, lining up fourth-quarter drilling plans after refining a large, deep-seated target at Southern Porphyry.Listen to the HotCopper podcast for in-dept...
Kingsland: 'Significant breakthrough' in gallium by-product attempts at Leliyn Kingsland Resources (ASX:KNG) has achieved a @significant breakthrough” in its attempts to produce a gallium by-product at its Leliyn graphite project after recent metallurgical results proved the pivotal key in on-site testing.Listen to the HotCopper podcast for in-depth di...

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