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MAGNETITE MINES LIMITED. - Discussion

6.00% ! 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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-0.006(6.00%) 		Mkt cap ! $11.37M
Open High Low Value Volume
10.0¢ 10.0¢ 9.4¢ $11.68K 119.9K

Buyers (Bids)

No. Vol. Price($)
1 10000 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 80856 1
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Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
MGT (ASX) Chart

Top Stories

Iberian expansion: Megado turns to Europe with Spanish copper mines

Megado Minerals has added the Iberian Copper Project in Spain to its expanding collection after buying an 80% interest in Iberian Copper.
'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits Advance Metals (ASX:AVM) has started its maiden drilling at the Yoquivo Silver-Gold Project in Mexico with a bang...
Clinuvel shares dip, even as CEO comes back from temp leave After Clinuvel's (ASX:CUV) CEO Dr. Philippe Wolgen took time off back in March to respond to an "acute medical condition," it wasn't...
Zip's stunning comeback: Is this the start of a $14 revival? Just when the market had written it off… Zip Co (ASX: ZIP) has come roaring back to life. The Buy Now, Pay Later company stunned investors last Wednesday with a 15% surge in its share price soon after upgrading its full-year earnings forecast to at least $160 million @ up from $153 million...
ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago ASX Ltd (ASX:ASX) has notched fractional gains in early Friday trades on the news it's ditched its shareholdings in...

Featured News

NEWS Agreement for Sale of Mount Mason Project to Gold Valley Yilgarn
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NEWS New Positive Interim Data in Phase 2 Study of SNT-5505 in Myelofibrosis
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NEWS Ministerial Approval Grants Provisional Authorisation for Battery Anode Material Facility
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NEWS Building Permits Received for Phase One Renewable Power Plant
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VMM Viridis Selected for BNDES and FINEP Strategic Mineral Funding to Advance Colossus Project
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NEWS Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)
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