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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF

Metals & Mining Industrial Metals & Minerals
Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.


TSXV:MMS - Post by User

Macarthur Minerals Ltd
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Post by rkhamon Nov 30, 2017 6:51pm
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Post# 27068146

Iron ore moving again...

Iron ore moving again...https://www.businessinsider.com.au/iron-ore-price-10-week-high-2017-12

iron ore is at a 10-week high.

According to Metal Bulletin, the spot price for benchmark 62% fines rose 0.5% to $68.13 a tonne, leaving it the highest level since October 20.

The strength in the benchmark was mirrored across the grades.

Ore with 65% Fe content rose 1% to $84.70 a tonne, outpaced by a 2.9% surge in the price of 58% fines which settled at $38.91 a tonne.

Bullboard Posts
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