Macarthur Minerals Ltd. is pleased to announce that effective 1 September 2022, Mr Ryan Welker will be appointed to the Company's Board of Directors and that Alan Joseph Phillips will step down as the Company's Chief Executive Officer. Executive Chairman Cameron McCall will also assume the role of Chief Executive Officer. Mr Ryan Welker is Chairman [...]
Macarthur Minerals Ltd. pursuant to the Company's Share Compensation Plans, the Board of Directors of the Company has granted an aggregate of 4,400,000 Bonus Shares to acquire common shares of the Company pursuant to the Plans to Directors or their respective nominees. The Bonus Shares are being issued under the terms of the Company's Share [...]
Macarthur Minerals Ltd. is pleased to update shareholders that it has appointed a strategic Sub-Committee to assist Macarthur's Board of Directors for the purpose of the development, assessment, and implementation of the Company's plan for the development of the Lake Giles Iron Project and associated infrastructure. SUB-COMMITTEE Committee members [...]
Macarthur Minerals Ltd. is pleased to update shareholders on a very active first quarter 2022 in which the Company delivered a maiden Mineral Reserve and completed the Feasibility Study for its high-grade magnetite Lake Giles Iron Project. The Company will now proceed with post study optimization work, project development approvals and advancing [...]
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 [...]
