Macarthur Minerals Ltd. Joint Venture Partner, Fe Ltd. has announced that it has entered into a binding Heads of Agreement to acquire a 50% interest in the Yarram Iron Ore Project in the Northern Territory. The consideration is A$1.5m in cash and shares with a further A$1.5m in cash and shares payable on achieving a JORC indicated resource [...]
Macarthur Minerals Ltd. is pleased to update shareholders on a very active second quarter 2020. The Company has continued its primary focus on the delivery of key infrastructure and resource outcomes with the ongoing development of the Company’s flagship, Lake Giles Iron Project . KEY HIGHLIGHTS 12 August - Announced Moonshine Magnetite [...]
Announcement Highlights RCR Mining Technologies appointed to examine rail unloading infrastructure solution at Esperance Port Macarthur Minerals announces a resource upgrade for the Moonshine magnetite deposit at Lake Giles Measured Mineral Resource of approximately 53.9 Mt and Indicated Mineral Resources of 218.7 Mt Macarthur now has sufficient [...]
Macarthur Minerals Ltd. announces that Northland Securities, Inc. who act as the OTCQB Sponsor and Advisor to the Company confirmed Financial Industry Regulatory Authority Form 211 which was submitted pursuant to FINRA Rule 6432 and Rule 15c2-11 under the Securities Exchange Act of 1934 in connection with its application to reinstate trading on the [...]
Macarthur Minerals Ltd. has engaged global strategic consultancy, Advisir to manage Australian investor relations, media relations and marketing services for the Company. The engagement terms with Advisir will be via an undisclosed nominated monthly fee. Cameron McCall, President and Executive Chairman of Macarthur Minerals commented: “The [...]
Macarthur Minerals Ltd. is pleased to announce the appointment of Mr Jonghyun Moon as General Manager, International Sales and Marketing effective immediately. Mr Moon brings a wealth of experience with a career of over 20 years in the resources industry, including executive positions with Glencore International AG, POSCO, and as a senior executive [...]
Macarthur appoints RCR Mining Technologies to design cutting edge ‘Helix Dumper’ transport solution for Lake Giles Helix Dumper system optimises transport of magnetite over conventional methods RCR, a subsidiary of NRW Holdings, owns the rights to develop ‘Helix’ in Australia The appointment of RCR and collaboration with Port of Esperance continues [...]
Macarthur Minerals Ltd. has received a Proposal that provides an agreed pathway to develop a Commercial Track Access Agreement from Arc Infrastructure for below rail capacity from its Lake Giles Iron Project in the Yilgarn Region of south-western Western Australia to the Port of Esperance. Macarthur and Arc have worked collaboratively on the [...]
Macarthur Minerals Ltd. reports that the decision in the Queensland Supreme Court, Court of Appeal, heard on 24 October 2019, with regards to the appeal by Mr Charles Chan, Mr Victor Chan and Mr Edward Kwok against Macarthur Minerals and Other Respondents , was handed down on Tuesday, 30 June 2020. The Court of Appeal dismissed the appeal with [...]
Macarthur Minerals Ltd. announces that on 25 June 2020, it lodged applications with the Department of Mines, Industry, Regulation and Safety to develop a 93km haul road from its Lake Giles Iron Project to a proposed rail siding adjacent to the Perth to Kalgoorlie rail line in the Yilgarn region of Western Australia. Subject to obtaining required [...]
Macarthur Minerals Ltd. is pleased to announce the completion of an agreement with Arrow Minerals Ltd. , for the grant of rights to apply for tenements which will support the development of infrastructure associated with a proposed magnetite processing circuit at Lake Giles. Pursuant to the Agreement, originally entered into in December 2019 [...]
Macarthur Minerals Ltd. is pleased to provide an update to Shareholders outlining an active First Quarter 2020 in the ongoing development of the Company’s flagship, Lake Giles Iron Project. The Company is pleased to also provide an update on the very positive early exploration results and next stage exploration program across the iron ore [...]