- Macarthur Minerals (MIO) is planning to spin out its Pilbara-based gold and copper assets into its subsidiary Infinity Mining
- The company was previous called Macarthur Australia and already holds all of MIO's gold, copper and lithium tenements
- Macarthur says it will list Infinity Mining on the ASX via an IPO, with the new business to also acquire additional tenements
- MIO says the spin out will deliver more value for its shareholders and allow the company to better focus on its iron ore project
Read the Full Article on The Market Herald here
Macarthur Minerals (ASX:MIO) announces gold and copper assets spin out
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