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Top News In ராஜொர்பகக்க் கால்பந்து Today - Breaking & Trending Today

Rare iso bunker with pool and a 'massive view' | Sunshine Coast Daily

With a view that covers Bass Strait and Seal Rock near Phillip Island, it’d be hard to feel locked down at this Flinders escape. ....

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Brazil Poised to Give Oz Ore Market a Close Shave – ShareCafe

Australia will lose share over the next five years in the global iron ore market to Brazil because of the latter’s high grade iron ore reserves and exports, according to a new report on the mineral from Fitch Ratings’ offshoot, Fitch Solutions.
The loss won’t be much in percentage terms, but in terms of tonnage, Brazil’s production is projected to grow at four times the rate of growth forecast for Australia.
The Fitch report, which appeared earlier this week, says global iron ore mine output growth will average 2.4% over 2021-2025 compared to the fall of 2.0% over the previous five years (which has helped boost prices as it met the surge in demand for steel in China from 2019 onwards and especially in the past year). ....

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Why the Magnetite Mines (ASX:MGT) share price is rocketing 10%

Why the Magnetite Mines (ASX:MGT) share price is rocketing 10%
Why the Magnetite Mines (ASX:MGT) share price is rocketing 10%
The Magnetite Mines Ltd (ASX: MGT) share price is 10% higher in early morning trade. We take a closer look into what the company announced today.
Aaron Teboneras has been a Motley Fool contributor since early August 2020. After graduating from RMIT University with a Business degree, Aaron spent most of his years either travelling or working in various industries. Aaron’s most notable appointments include National Australia Bank, and Computershare where he discovered his passion for the Australian sharemarket. Outside of researching and writing for Motley Fool, Aaron enjoys trekking on adventures across the world and learning new life skills. ....

New South Wales , Peter Schubert , Magnetite Mines Ltd , Magnetite Mines , Razorback High Grade Iron Ore , புதியது தெற்கு வேல்ஸ் , பீட்டர் ஸ்கூபர்ட் ,

Iron ore play Magnetite Mines readies placement

Iron ore play Magnetite Mines readies placement
Share
Listed resources play Magnetite Mines will seek to take advantage of the record iron ore prices that have driven up its share price in the past 12 months.
Iron ore play Magnetite Mines is readying a capital raising.
Louie Douvis
Street Talk understands the $160 million company was putting the finishing touches on an equity raising on Thursday night, ahead of a deal to launch as early as Friday morning.
Sources said the deal was expected to be in the $7 million range and would be priced at 5.8¢ a share, above the company’s 5.5¢ last close and a 2 per cent premium to its five-day volume weighted average price. ....

South Australia , New South Wales , Louie Douvis , Magnetite Mines , தெற்கு ஆஸ்திரேலியா , புதியது தெற்கு வேல்ஸ் ,

Here's why the Magnetite Mines (ASX:MGT) share price is up 11% today

Image source: Getty Images
Magnetite Mines Ltd(ASX: MGT) shares are soaring following the release of the company’s (corrected) third-quarter results on Friday afternoon. At the time of writing, the Magnetite Mines share price is trading 10.71% higher at 6.2 cents.
Magnetite Mines initially released its activities and cash flow report shortly after midday on Friday. But within a few hours, the revised version copy hit the market barely 50 minutes before it closed for the week.
Let’s take a look at the mining company’s activities and results for the quarter ended 31 March 2021.
Third-quarter financial results
Magnetite Mines spent $648,000 on exploration, evaluation and the purchasing of equipment over the quarter. It also reported staff and administration costs of $241,000. ....

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