Articles On Magnetite Mines (ASX:MGT)
Title | Source | Codes | Date |
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ASX down 0.34 per cent at noon as RBA warns rates may rise again
ShareCafeASX down 0.34 per cent at noon as RBA warns rates may rise again by Peter Milios The Reserve Bank of Australia discussed the possibility of raising interest rates by 25 basis points but ultimately decided to pause and let previou... |
ShareCafe | MGT | 1 year ago |
Stocks of the Hour: LRV, OD6, MGT
ShareCafeStocks of the Hour: LRV, OD6, MGT Larvotto Resources (ASX:LRV) announced bonanza grade results of total rare earth element oxide (TREO) results from recent aircore drilling at the company’s Merivale South P... |
ShareCafe | MGT | 1 year ago |
Bulk Buys: Are the bulks a buy? We asked Tribeca’s Todd Warren for his take
Tribeca Investment Partners portfolio manager Todd Warren gives us his take on bulk miners and commodities Champion Iron could be a long term beneficiary of rising spreads for higher grade iron ore Glencore and Teck, currently involved in... |
Stockhead | MGT | 1 year ago |
Bulk Buys: FMG puts back first production for US$3.9b Iron Bridge mine again
Fortescue Metals Group signals another, this time minor, delay at its Iron Bridge development First production from the 22Mtpa magnetite mine is due in late April Pearl Gull announces maiden resource at Cockatoo Island Andrew Forrest’s Fo... |
Stockhead | MGT | 1 year ago |
Bulk Buys: New Hope pays monster dividend, could double production
New Hope pays monster dividend on last year’s coal boom Targeting doubling of production in three years, with expectations demand will outstrip supply despite ESG pressures Magnetite completes optimisation study ahead of high grade iron or... |
Stockhead | MGT | 1 year ago |
CLOSING BELL: Please secure your own oxygen mask first before assisting others
ASX down, then up, then down even further to -1.4% as bank crisis looms large. XEC Emerging Companies index plummets 1.8% as fear overtakes greed. Goldies are making hay again, XED All Ordinaries Gold up more than 7.0%. Things have been... |
Stockhead | MGT | 1 year ago |
Resources Top 5: Breaker Resources catches the eyes of a top-10 Aussie gold producer
Breaker’s board recommends an all scrip off market takeover offer from Ramelius Auroch discovers a large-scale shallow lithium rich pegmatite at Kangaroo Hills Magnetite Mines announces the optimum development pathway for the Razorback iro... |
Stockhead | MGT | 1 year ago |
Top 10 at 10: Which energy company is rising after a Magnolia co-operation deal?
Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers... |
Stockhead | MGT | 1 year ago |
Bulk Buys: Is China’s cautious growth target the red flag that halts iron ore’s bull run?
Iron ore’s bull run could be brought to a halt by China’s weaker than expected economic growth target Goldman predicts price record for Rio Tinto Thermal coal prices keep dropping Iron ore has been a bull’s game in 2023, with matadors spe... |
Stockhead | MGT | 1 year ago |
Bulk Buys: China’s pollution crackdown a familiar tale amid iron ore price run
China is again ordering sintering restrictions to crack down on pollution from its steel mills It comes after limits were placed on Dalian futures trading last week to bring the heat out of prices Junior miner CuFe posts maiden resource fo... |
Stockhead | MGT | 1 year ago |
Bulk Buys: BHP’s number crunchers see blue skies in China’s steely reopening
BHP (ASX:BHP) has reported, leaving only Rio Tinto (ASX:RIO) today to round out our February financial results season for the big three iron ore miners. In Oscars parlance none are expected to be award winners. Lower iron ore prices — and i... |
Stockhead | MGT | 1 year ago |
CLOSING BELL: If everything could just stop blowing up for a while, that’d be great.
ASX slumps even lower after lunch to end the day down around 0.5% China’s demands for the return of “weather balloon” debris met with hearty Pentagon chuckles Terramin’s bid to reopen a sub-winery mine shut down by the SA government It’... |
Stockhead | MGT | 1 year ago |
Bulk Buys: Australia’s newest coal miner says emerging economies will power thermal market for the next two decades
South African coal miner Thungela Resources will become the majority owner of Australia’s Ensham coal mine Its CEO July Ndlovu says thermal coal will see demand for at least two, maybe three decades Iron ore sales lift There may be clouds... |
Stockhead | MGT | 1 year ago |
Magnetite Mines (ASX:MGT) and Whyalla Ports investigate export options for Razorback, SA
Magnetite Mines (MGT) enters an agreement with SIMEC Mining’s Whyalla Ports to investigate export options for its Razorback iron ore project in South Australia The company previously selected the Whyalla port as its preferred port option... |
themarketherald.com.au | MGT | 1 year ago |
Property sector leads ASX 0.3% lower
ShareCafeProperty sector leads ASX 0.3% lower by Peter Milios Large property players Goodman Group (ASX:GMG), Dexus (ASX:DXS), Mirvac Group (ASX:MGR) and Charter Hall (ASX:CHC) have all suffered losses in today’s session. The index has re... |
ShareCafe | MGT | 1 year ago |
ASX 0.1% lower at noon after all US indices fell over the weekend
ShareCafeASX 0.1% lower at noon after all US indices fell over the weekend by Peter Milios At noon, the S&P/ASX 200 is 0.1 per cent lower at 7,549.20. All sectors besides Energy and Materials are trading lower today, after the US sect... |
ShareCafe | MGT | 1 year ago |
ASX January Winners: The S&P 200 just had its best start to any year. Who’s led the way for small caps?
The S&P ASX 200 rose 7.64%, in its best start to a year ever as global markets rally In a strong start to 2023 the S&P/ASX Emerging Companies index (XEC) rose ~8% in January Graphite explorer Lincoln Minerals soars more than 500% s... |
Stockhead | MGT | 1 year ago |
Bulk Buys: Thermal’s 243-day reign as king of coal ends
Newcastle thermal coal’s reign as the top priced product on the market has ended Premium hard coking coal returns to traditional position at a premium to energy coal as European demand wanes Iron ore prices remain strong, but MySteel says... |
Stockhead | MGT | 1 year ago |
Aus shares close 0.07% lower but rise 6.2% in January
ShareCafeAus shares close 0.07% lower but rise 6.2% in January by Peter Milios Australian shares fluctuated on Tuesday with a 0.4 per cent gain and later 0.2 per cent loss. Consumer stocks led the gains, up 2.3 per cent, while tech stocks... |
ShareCafe | MGT | 1 year ago |
High cost of living causes a fall in retail sales: ASX up 0.22% at noon
ShareCafeHigh cost of living causes a fall in retail sales: ASX up 0.22% at noon by Peter Milios Retail sales in Australia fell 3.9% in December, surprising expectations for a 0.2% decline. The ABS Head of Retail Statistics noted that the... |
ShareCafe | MGT | 1 year ago |
Bulk Buys: China’s return to Australian coal market to be a slow moving beast
Chinese companies are starting to make bids for Australian coal cargoes after an unofficial ban that ran for over two years But Coronado CFO Gerhard Ziems says Australian coking coal exports to China will only touch half of pre-pandemic le... |
Stockhead | MGT | 1 year ago |
Bulk Buys: As the 2023 season begins, who’ll blink first in BHP’s royalty dance off with Annastacia?
BHP did not deliver capital guidance for its BMA coal mines in Queensland last year after new royalty tiers drawing billions for Qld were introduced last July While CEO Mike Henry also cited China’s coal ban as a factor, its capex strike l... |
Stockhead | MGT | 1 year ago |
ASX December Winners: Who’s led the way for small caps in tough month for global markets?
Little joy for investors in December with traditional Christmas rally not eventuating in 2022 Meteoric Resources leads December winners after positive metallurgical results at its new Caldeira project. Symbio Holdings saw its share price p... |
Stockhead | MGT | 1 year ago |
Bulk Buys: Iron ore miners have one last roll of the dice at this green steel thing before 2022 is up
Efforts to develop zero emissions steel are at an early stage Fortescue Metals Group backs new attempt to use low grade iron ore in green steelmaking Coal exports are forecast to outstrip iron ore for the next two financial years Green st... |
Stockhead | MGT | 1 year ago |
Closing Bell: ASX drops 0.55% but Aussie economy grows for the 4th consecutive quarter
ASX 200 down 0.55% on lower than normal volume Small cap index falls 0.96% and 10 out 11 sectors finish lower Economy grows for the fourth consecutive quarter, up 0.6% The ASX200 was down 0.55% today, and the ASX Emerging Companies... |
Stockhead | MGT | 1 year ago |
Top 10 at 10: Which lithium play is shooting up today after entering a Nevada deal?
Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at... |
Stockhead | MGT | 1 year ago |
Magnetite Mines (ASX:MGT) shoots down rumours of Razorback sale
Magnetite Mines (MGT) refutes rumours it has launched a formal process to sell any of its assets, including its flagship Razorback iron ore project in South AustraliaHowever, the company confirms a “substantial increase” in interest in Razo... |
themarketherald.com.au | MGT | 1 year ago |
ASX down 0.66% at noon after a moderate week of trading
ShareCafeASX down 0.66% at noon after a moderate week of trading by Peter Milios Energy and Real Estate are down almost 2 per cent at noon, followed by Materials, which is down by 0.61 per cent. Energy’s biggest players, including Woodsid... |
ShareCafe | MGT | 1 year ago |
Bulk Buys: Forrest targets ‘value over volume’ as he flags ramp up of African iron ore project
Fortescue Metals Group boss Andrew Forrest says green energy focused FMG will pursue value over volume in flagship iron ore business Actually also looking to increase volumes, with new high grade mine in Pilbara and African exploration pus... |
Stockhead | MGT | 1 year ago |
Bulk Buys: It’s a ‘pivot toward positivity’, but will China’s Covid shift actually light a fire under iron ore?
Iron ore prices posted a recovery on Monday as China relaxed some of its previously steadfast Covid measures Steel mills are still loss-making in China, with a real bounce in demand needed to bring prices back above US$100/t But experts sa... |
Stockhead | MGT | 1 year ago |
Are these sold off iron ore stocks ready for China to go ‘Covid Hero’?
Iron ore roared back to life yesterday on news China was starting to alter its Covid settings and provide credit support to property developers Prices surged to their highest level in a month, almost touching US$96/t in Singapore intra-day... |
Stockhead | MGT | 1 year ago |
Magnetite Mines unveils mineral resource estimate for Muster Dam Iron Ore Project, South Australia
Magnetite Mines (ASX:MGT) reports it has completed the mineral resource estimate (MRE) for the Muster Dam Iron Ore Project in South Australia. The company, which exhibited at the International Mining and Resources Conference (IMARC) in Sydn... |
Mining.com.au | MGT | 1 year ago |
Magnetite Mines (ASX:MGT) increases global resource following Muster Dam MRE
Magnetite Mines (MGT) completes a JORC 2012-compliant mineral resource estimate (MRE) for its Muster Dam iron ore project in South AustraliaThe inferred MRE reads 1.55 billion tonnes at 18.7 per cent iron and a 15.2 per cent mass recovery,... |
themarketherald.com.au | MGT | 1 year ago |
Bulk Buys: New Aussie coal mines are getting off the ground, but supply remains fragile
AQC faces roadblocks in its bid to revive Dartbrook coal mine, while New Hope gets approval for New Acland coal extension after 13 years New coal supply is slowly emerging, but the market is expected to remain tight with wet weather expect... |
Stockhead | MGT | 1 year ago |
ASX Resources Quarterlies: Falcon has high grade gold less than a year from listing
It’s quarterlies season and the ASX market announcements page has become increasingly flooded with lodgements. To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the reports that caught our eye... |
Stockhead | MGT | 1 year ago |
Closing Bell: Aussies are up but Hong Kong sinks in a mixed up regional day
The ASX 200 starts the week with a bang Materials surge has investors beaming China learns a brutal lesson about leadership from Hong Kong It’s the end of the day, and we’re all clearly super-happy because it’s been a positive run for Aus... |
Stockhead | MGT | 1 year ago |
Bulk Buys: Traders see little optimism in the Chinese steel market, but iron ore miners are looking long term
Iron ore miners are funding a wave of new developments, despite red flags in the Chinese steel market While miners are long term bulls, the short term outlook is clouded by China’s economic issues and Covid Zero policy The gap between low... |
Stockhead | MGT | 1 year ago |
Closing Bell: Benchmark and small caps fall back on broader resources retreat
ASX 200 ends 1.4% lower Small caps slide 0.4% Strike strikes and I don’t know why The ASX 200 and the Emerging Companies (XEC) index fell 1.4% and 0.4% respectively on Monday. US stocks were no help at all after collapsing sharply on F... |
Stockhead | MGT | 1 year ago |
Bulk Buys: BHP lays out its bull case for steel demand in a greening world
BHP says cumulative steel demand in the next 30 years will double that of the last 30, arguing the commodity will be a net beneficiary of decarbonisation and climate change The changing environment alone could drive increase in demand equa... |
Stockhead | MGT | 1 year ago |
Bulk Buys: 21 million leave lockdown in Chengdu, but will iron ore prices leave $100/t purgatory?
Iron ore prices received a bump after Covid lockdowns in Chengdu were relaxed But they quickly retreated, with analysts saying a decision on whether to end China’s Covid Zero policy could be a big turning point for the commodity Like it or... |
Stockhead | MGT | 1 year ago |
The world faces a $2tn bill to make steel green by 2050. High grade iron ore, anyone?
Market for DR grade 65% plus iron ore could rise fivefold to 750Mtpa according to new research from Wood Mackenzie As much as US$1.4 trillion needs to be spent on new mines, renewable energy, steel mills, hydrogen and carbon capture to red... |
Stockhead | MGT | 1 year ago |
Razorback pumped for production lift
Magnetite Mines is increasing the planned production scale for its Razorback iron ore project in South Australia. Due to growing demand for its high-grade product, the company’s current strategy of pursuing a small-scale, lower-capital exp... |
Australian Mining | MGT | 1 year ago |
Magnetite Mines doubling plans for Razorback to 5Mtp a year to meet demand
Magnetite is looking into beefing up its Razorback project development, eyeing off 5Mtpa to make the most of its resource base. |
The Australian | MGT | 1 year ago |
Evening Report: 13 September, 2022
ShareCafeEvening Report: 13 September, 2022 By Paul Sanger The ASX has gained for a fourth-straight day after US stocks rose ahead of a key inflation report which could show American inflation has peaked. Ten of the ASX 200’s 11 sectors w... |
ShareCafe | MGT | 1 year ago |
Lunch Report: 13 September, 2022
ShareCafeLunch Report: 13 September, 2022 by Paul Sanger The ASX has gained for a fourth-straight day after US stocks rose ahead of a key inflation report which could show American inflation has peaked. Real Estate, Energy, bank, resource... |
ShareCafe | MGT | 1 year ago |
Bulk Buys: Goldman Sachs says Chinese steelmakers are on track for a 3% decline in 2022
It’s the canary in the, well, you’ve probably read enough of these by now to know the idiom. For iron ore prices that is steel production in China and downstream demand from things like car production, infrastructure and property developme... |
Stockhead | MGT | 1 year ago |
Bulk Buys: MinRes’ $3 billion mine approval flags China hunger for our iron ore
Mineral Resources and global partners approve $3bn Onslow iron ore mine day before prices drop below US$100/t Chinese steel giant Baowu will both have a stake in the mine and market up to 75% of MinRes’ product Coal prices remain ridiculou... |
Stockhead | MGT | 1 year ago |
Resource veteran takes reins as Magnetite moves to develop Razorback
Magnetite Mines has appointed veteran resources executive Tim Dobson as its new Chief Executive Officer to help drive its Razorback Iron Ore Project towards production. Dobson has more than 30 years’ international experience in senior leade... |
Stockhead | MGT | 1 year ago |
Magnetite Mines (ASX:MGT) appoints Tim Dobson as CEO
Magnetite Mines (MGT) appoints Tim Dobson as its new Chief Executive Officer, effective immediately Mr Dobson has more than 30 years of experience in senior leadership roles and was most recently CEO of Heron Resources He has held a number... |
themarketherald.com.au | MGT | 1 year ago |
Bulk Buys: The Russian coal ban is here, and that could mean even more demand for Australian miners
Coal miners will be watching international markets closely tonight as a ban on Russian coal proposed by the European Commission back in April comes into effect. Ever since Russia’s invasion of Ukraine, the frailty of European energy markets... |
Stockhead | MGT | 1 year ago |