Macarthur Minerals Ltd. wishes to advise that the Company's Registered Office and Principal Place of Business with immediate effect has changed to: Suite 1G, Building 1 Kings Row Office Park 40 McDougall Street Milton QLD 4064 All other contact details remain unchanged. On behalf of the Board of Directors, Mr Cameron McCall, Chairman Company [...]
Positive economics supporting a 25-year mine life with Pre-Tax NPV of USD 579m Macarthur Minerals Ltd. is pleased to advise that it has filed the NI43-101 Technical Report for the Feasibility Study of the Company's high grade magnetite Lake Giles Iron Project. The results confirm that the project is economically viable under long-term iron ore [...]
Macarthur Minerals Ltd. has closed the previously announced private placement of AUD 7.5 million with institutional and sophisticated investors with subscriptions totalling 15,000,000 fully paid ordinary shares at a price of AUD 0.50 per share. For each New Share issued under the Placement, one attaching option will be issued to acquire one fully [...]
Macarthur Minerals Ltd. is pleased to announce the issuance of a private placement offering of up to AUD$7.5 million. The placement was oversubscribed, and the brokers are working to allocate the scaleback percentages to investors. Details of the Private Placement are set out below. Private Placement The Company has received firm commitments from [...]
Macarthur Minerals Ltd. is pleased to advise that it has completed a Feasibility Study for the Company's high grade magnetite Lake Giles Iron Project. The results confirm that the project is economically viable under long-term iron ore price forecasts. The Feasibility Study confirms an economically viable project producing 3 million tonnes per [...]
Macarthur Minerals Ltd. is pleased to update shareholders on activities during the fourth quarter of 2021. Q4 2021 was very active in which the Company continued to focus on the delivery of the Feasibility Study for its high-grade magnetite Lake Giles Iron Project in Western Australia. The heavy lifting undertaken in Q4 2021 now sets Macarthur up [...]
Macarthur Minerals Ltd. is pleased to announce that following the successful completion of its Initial Public Offering , Infinity Mining Ltd. will commence trading on the Australian Stock Exchange at 3.00pm AEDT on 22 December 2021 under the ASX ticker IMI. Key points Infinity Mining Ltd. lists on ASX on 22 December 2021 under ticker code IMI [...]
Macarthur Minerals Ltd. is pleased to provide an update on the final timing for completion of the Feasibility Study for its high-grade magnetite Lake Giles Iron Project in Western Australia. The Study continues to advance well and is now in its final stages. The final date for delivery of the Study is now very close, and with increased certainty [...]
Macarthur Minerals Ltd. is pleased to announce that the Initial Public Offering of its spin-out company, Infinity Mining Ltd. has now closed. The IPO offer opened on 5 November 2021 and closed oversubscribed on 19 November 2021 under its Prospectus dated 28 October 2021. Key points Under the offer, the Company intended to raise between $7 million [...]
Macarthur Minerals Ltd. is pleased to announce that the Offer to subscribe for shares in the IPO of Infinity Mining Ltd. opened on 5 November 2021. The prospectus can be downloaded from the Infinity website here: www.infinitymining.com.au. Macarthur Australia Limited, a subsidiary of Macarthur, as the majority shareholder, will work closely with [...]
Macarthur Minerals Ltd. is pleased to announce the appointment of RSM Australia Partners to act as Auditor of the Company as approved by shareholders effective from the Annual General Meeting held on 27 October 2021. RSM Australia is one of Australia's leading professional services firms, with a national footprint and more than 35 offices across [...]
Macarthur Minerals Ltd. is holding its 2021 Annual General Meeting today. Attached is a copy of the Chairman's address. On behalf of the Board of Directors, Mr Cameron McCall, Chairman For more information please contact: Joe Phillips Managing Director +61 7 3221 1796 communications@macarthurminerals.com Investor Relations - Australia Investor [...]