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MGT

MAGNETITE MINES LIMITED. - Discussion

4.44% ! 9.4¢
Market Cap $11.37M  !
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
9.4¢ 		Change
0.004(4.44%) 		Mkt cap ! $11.37M
Open High Low Value Volume
9.1¢ 9.4¢ 9.0¢ $27.07K 299.3K

Buyers (Bids)

No. Vol. Price($)
1 2537 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 248900 2
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
Last
9.4¢ 		  Change
0.004 ( 4.44 %)
Open High Low Volume
9.0¢ 9.4¢ 9.0¢ 31886
Last updated 15.27pm 20/06/2025 ?
MGT (ASX) Chart

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NEWS Many are concerned about global falling birthrates. This diverse stock has solutions
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NEWS Infill Drilling at La Negra Returns High-Grade Silver with Standout 28m at 507gpt
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NEWS Trident Infill Drilling Results Confirm Resource as Development Gets Underway
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NEWS INOVIQ Kills 88% of Lung and Breast Cancer Cells with New Lab Treatment
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STN Excellent Gold Intercepts Demonstrate Robust Apollo Hill Resource
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