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Magnum Mining and Exploration (ASX:MGU) fast tracks iron ore shipments
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Magnum Mining and Exploration (MGU) is rapidly progressing work at its Buena Vista Project in Nevada to bring forward export shipments of iron ore
Managing Director Dano Chan will relocate to the U.S. state this week to oversee development
Meanwhile, Magnum has confirmed the opening of its Salt Lake City office, which it expects to be operational by the end of the month
The company is negotiating the purchase and offtake of its iron ore with several tier-one steel mills and conglomerate commodity buyers