— What's going on at Magnetite Mines (ASX:MGT)? Read today's MGT news from trusted media outlets at MarketBeat. ... Brazil. April 29, 2024 | finance.yahoo. District Metals Intersects Strong Visual Polymetallic Sulphide Mineralization at Tomtebo Property. April 29, 2024 | juniorminingnetwork.
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With vast high quality iron ore resources, Brazil is the world's second largest exporter of iron ore. Its mining friendly jurisdiction provides security of tenure, a well skilled workforce and established mining services. Colomi has a JORC Mineral Resource of 5 billion tonnes across two areas: Colomi South and Colomi North.
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— The Razorback project is a magnetite iron ore project owned by Magnetite Mines, located northeast of Adelaide, near the regional town of Yunta. Razorback has mineral resources of around 2.6 billion tonnes of magnetite ore, providing a resource base of 3.7 billion tonnes for the company when combined with the nearby Ironback Hill …
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— The Minas-Rio iron ore mine is situated in south-eastern Brazil, approximately 160km northeast of Belo Horizonte. The Port of Acu in Rio de Janeiro lies approximately 500km south of the project site. The Minas-Rio project area comprises 21 mining claims encompassing a total area of 14,882ha.
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— However, the emergence of new magnetite mines could transform the current landscape of the iron ore mining industry. Fiona Hick, FMG's newly appointed CEO, said 5.3 million tonnes of magnetite product had been sold to five different steelmakers via a 2019 off-take agreement. The company has been evaluating the market to find out the …
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— Magnetite Mines Limited is an ASX listed company with its head office located in Adelaide, South Australia. Magnetite Mines Limited is a development-stage company advancing the Razorback High Grade Iron Ore Concentrate Project located in the Braemar, Australia's emerging iron ore mining region.
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The Muster Dam Iron Ore Project was awarded to Magnetite Mines following a competitive bid process administered by the South Australian Department of Energy and Mines (DEM). Located 110 kilometres northeast of the Razorback Iron Ore Project, the Muster Dam prospect has Inferred Mineral Resources of 1.55 billion tonnes (JORC 2012).
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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 Sydney last week, says the MRE has increased from 4.19 billion tonnes to 5.74Bt (combined inferred and indicated …
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— Brazil is another of the world's main sources of hematite ore. The country's Carajás mine, ... In Canada, Labrador is home to the majority of magnetite ore mining. In particular, mining ...
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— Magnetite Mines Limited (ASX:MGT) welcomes yesterday's release by the South Australian Government of the State's Green Iron and Steel Strategy centred on its vision to be a partner of choice for decarbonised steelmaking and a key contributor of the minerals, green iron and green steel required to support the global energy transition.
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— Fortescue has awarded a contract to Nyamal to supply mining equipment for the Iron Bridge magnetite project in Pilbara, Western Australia. MT. Menu. Search. Sections. Home; News; Analysis. Features. Comment & Opinion. Projects. Data Insights. ... As ore mines ramp up and come on stream, the total number of active surface machines …
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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.
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— While there are a handful of very high grade hematite direct shipping ores around, notably in Brazil and Africa, most high grade producers process and upgrade magnetite iron ore. This material is lower grade in situ, but unlike standard Pilbara ores can be upgraded to a super rich 66% product or above, the kind that gets ultra high …
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— Discovered in the late 1890s, the mine has produced around 900,000 tonnes of magnetite ore with an estimated grade of 58% iron. Magnum states that the project has an indicated resource of 151 million tonnes (mt) of iron at 19% with a recovery rate of 23.2% and has an inferred resource of 81mt at 18% with a 22% recovery rate.
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Magnetite-rich waste from a niobium mine near Araxá, State of Minas Gerais, Brazil, was heated to 500°C and 1000°C under an O2 atmosphere. The original waste and its oxidized products were characterized by energy-dispersive X-ray spectroscopy (EDS), X-ray powder diffraction (XRD), room-temperature 57Fe Möss spectroscopy, thermogravimetric …
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— This work analyzes the five main ore types or lithologies contained in the Serra do Sapo deposit, as part of the Minas-Rio mining complex (near the city of Conceicaotilde; do Mato Dentro, Brazil). …
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— Brazil is another of the world's main sources of hematite ore. The country's Carajás mine, operated by major miner Vale (NYSE:VALE), is the largest iron ore mine in existence. Vale consistently...
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Magnetite Mines recognises that sustainable mining of iron ore can only be achieved by working in partnership with local communities, and through collaboration we can minimise our environmental footprint. With a commitment to embed a focused sustainability culture from the outset, Magnetite Mines aims to deliver the Razorback Project with ...
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— The Minas-Rio iron ore mine is situated in south-eastern Brazil, approximately 160km northeast of Belo Horizonte. The Port of Acu in Rio de Janeiro lies approximately 500km south of the project site. The …
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Explore Magnetite Mines' Muster Dam Iron Ore Project, awarded through a competitive bid by the South Australian Department of Energy and Mines. Muster Dam boasts 1.6 billion tonnes of Inferred Mineral Resources and significant exploration potential. With additional prospects like Peaked Hill, Duffields, and Surrender Dam, this project offers strategic …
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— Main Production Area: Magnetite is mainly mined in major mining sites such as the Hamersley Range in Australia where the major deposits occur in BIFs. Other areas are Carajas Mine in Brazil, …
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The mining operations started on the magnetite body and are currently proceeding onto the itabirite body. The magnetite processing plant is shown in the photo above. After SRK submitted its technical report on the Mina de Bonito project and Noble reviewed it, on 18 July 2007 Noble announced that it had acquired 30% of MHAG for US$60 million.
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— The Vale do Curaçá and Riacho do Pontal copper districts are located within the northern part of the Archaean São Francisco Craton and represent two pulses of mineralization. The copper districts have …
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The Mina do Bonito is an open pit mine, situated on a hillside. The mining operations started on the magnetite body and are currently proceeding onto the itabirite body. The magnetite processing plant is shown in the photo above.
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— However, the emergence of new magnetite mines could transform the current landscape of the iron ore mining industry. Fiona Hick, FMG's newly appointed CEO, said 5.3 million tonnes of magnetite ...
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— 2. Turkey Mine production: 1.8 million MT. Next is Turkey, whose magnesite output came to 1.8 million MT in 2023, just 20,000 MT fewer than it produced in 2022.
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— Rio states: "Simandou will deliver a significant new source of high-grade iron ore that will strengthen Rio Tinto's portfolio for the decarbonisation of the steel industry.". First production from the mine is …
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Magnetite Mines is inviting Eligible Shareholders to participate in a pro rata (1 for 5) renounceable Rights Issue at $0.20 per share to raise up to approximately $4.1 million before costs.💠 1 ...
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