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MAGNETITE MINES LIMITED. - Discussion

5.38% ! 8.8¢
Market Cap $10.64M  !
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
8.8¢ 		Change
-0.005(5.38%) 		Mkt cap ! $10.64M
Open High Low Value Volume
9.2¢ 9.2¢ 8.8¢ $42.27K 472.7K

Buyers (Bids)

No. Vol. Price($)
1 6346 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 1360 1
View Market Depth
Last trade - 12.04pm 24/06/2025 (20 minute delay) ?
Last
9.1¢ 		  Change
-0.005 ( 2.15 %)
Open High Low Volume
8.9¢ 9.1¢ 8.9¢ 19993
Last updated 11.10am 24/06/2025 ?
MGT (ASX) Chart

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Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'

Many Peaks Minerals (ASX:MPK) is ramping up its digging run with more targets in Côte d’Ivoire after positive assay results from its Ferke project confirmed the presence of a @robust and quickly expanding” gold system.Listen to the HotCopper podcast for in-de...
Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field Australian oil and gas junior Brookside Energy (ASX:BRK) has this week secured a fifth Drilling Space Unit (DSU) for its SWISH Play in the Anadarko Basin in Oklahoma, boosting drill inventory at the acreage by as much as 26%.Listen to the HotCopper podcast for in-depth discussions and insights on...
Profits after tax down -88%, and shares rocket – what's going on with Collins? Collins Foods (ASX:CKF), which operates KFCs in Australia, has revealed its statutory profit after tax fell -88%...
Sparc opens small-scale green H2 plant in SA, but liquidity dried up Sparc Technologies (ASX:SPN) has revealed it's hosting an opening 'ceremony' for its small-scale green hydrogen plant on-site...
Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem 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 25 epis...

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