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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF

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

Bullboard Posts
Comment by rkhamon Jan 13, 2018 2:39pm
122 Views
Post# 27350166

RE:Heres hoping theres gold in the hillsides

RE:Heres hoping theres gold in the hillsidesIRON ORE

The area will have two mines closing & Macarthur drooling at the mouth with oportunity knocking(imo) 
I cannot see things going down to the last day before anything is inked.
Ya would think they need to get things iron ore out soon.

Here is a article a few months ago..https://thewest.com.au/news/kalgoorlie-miner/mp-backs-helena-range-iron-ore-ng-b88554466z

Now today here is the decision https://thewest.com.au/business/mining/rich-lister-mineral-resources-banned-from-mining-yilgarn-range-ng-b88697365z
 there are 425 workers  seeking employment??

CCR cleveland cliffs  have extended their worker contract:https://www.bgc.cc/about-us/media/news-and-announcements/current/46

Some possible scenario's,
  1.  Mineral resources buy  Macarthur minerals iron ore assets?
  2.  Mineral resouces buy cleveland cliffs infrastructure?
  3.  Macarthur & Mineral resource will team up?
  4.  Macarthur & Cleveland cliffs will team up?
  5. CCR will buy Macarthurs assets?

Image result for mcarthur mineral iron ore map

Bullboard Posts