Magnetite Mines Limited (MGT) AI Stock Analysis

Magnetite Mines has delivered a new Scoping Study for its Razorback Iron Ore Project, outlining a simplified development plan that uses saline water for processing, prioritises higher-grade ore in early mining years and contemplates a 55km rail spur...

Magnetite Mines Limited has announced a change to its registered office and principal place of business, effective 28 October 2026. The company is relocating its corporate base to Level 7, 151 Clarence Street in Sydney, New South Wales, while maintai...

Magnetite Mines Limited has lodged an Appendix 3B with the ASX outlining a proposed placement or other issue of securities. The company plans to issue up to 41,024,281 ordinary fully paid shares and an equal number of options exercisable at 1.5 cents...

Magnetite Mines Limited has moved to close its current Share Purchase Plan one business day earlier than previously scheduled, bringing the deadline forward to 5.00pm Sydney time on Friday, 23 October 2026. The accelerated timetable tightens the wind...

Magnetite Mines has reminded eligible shareholders that its Share Purchase Plan, which offers new shares at the lower of $0.015 or a 10% discount to the five-day VWAP, will close at 5:00pm Sydney time on 16 October 2026. Subject to shareholder approv...

Magnetite Mines has released a target market determination for up to 68.7 million free attaching options to acquire ordinary shares, offered to eligible shareholders who participate in its 2026 share purchase plan. The options, exercisable at a 25% p...

Magnetite Mines Limited has released an options prospectus detailing the issue of up to 68,704,266 options to participants in its share purchase plan and up to 57,253,555 options to investors in a related top-up placement. These options are to be iss...

Magnetite Mines Limited has launched a share purchase plan, allowing eligible shareholders to apply for new fully paid ordinary shares without the need for a full disclosure document under Australian corporations law. The offer opens on 5 October 202...

Magnetite Mines Limited has launched a partially underwritten share purchase plan offering eligible Australian and New Zealand shareholders up to $30,000 in new shares at a discount to market, targeting a $1 million raise with a $500,000 underwriting...

Magnetite Mines Limited has opened a share purchase plan offering eligible shareholders in Australia and New Zealand the opportunity to buy up to $30,000 of new shares at a discount to recent trading prices, without brokerage or transaction costs. Th...

Magnetite Mines Limited has detailed its corporate governance framework for the 2025–26 reporting period, confirming broad adherence to the ASX Corporate Governance Council’s fourth edition Principles and Recommendations. The company outl...

Magnetite Mines Limited has released its 2026 Annual Report, providing a comprehensive overview of its corporate governance, operations, financial performance, and capital structure. The report also includes audited financial statements and detailed...

Magnetite Mines Limited has announced a proposed issue of securities under a securities purchase plan and a separate placement, together totaling up to approximately 137 million new securities. The offer includes ordinary fully paid shares and associ...

Magnetite Mines Limited has launched a share purchase plan offering eligible shareholders the chance to subscribe for up to A$30,000 of new fully paid ordinary shares at a discount and without brokerage or transaction costs. The offer is optional, ap...

Magnetite Mines has released an equity raising presentation tied to a share purchase plan and broader capital raising announced in late September 2026, intended to support development of its Razorback Iron Ore Project and related activities. The comp...

Magnetite Mines has launched a partially underwritten share purchase plan to raise about $1 million, offering existing eligible shareholders discounted shares with free attaching options and no brokerage costs. The issue price will be set at the lowe...

Magnetite Mines has released a new scoping study for the Razorback Iron Ore Project that substantially revises the development plan to improve economics and reduce risk. The updated configuration retains conventional mining and processing but introdu...

Magnetite Mines Limited has announced a proposed issue of options as part of a placement, with each option exercisable into one fully paid ordinary share at a price of A$0.015 and expiring three years from the issue date. The securities are to be quo...

Magnetite Mines Ltd is an ASX-listed iron ore developer focused on magnetite resources in South Australia’s Braemar Iron Formation, anchored by its 100%-owned Razorback Iron Ore Project capable of producing premium direct reduction grade concen...