CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Magnetite Mines Ltd is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Magnetite Mines Ltd
1st floor, 22 Greenhill Road, Wayville
Phone: +61 884270516p:+61 884270516 ADELAIDE, SA  5034  Australia Ticker: R8QR8Q

Business Summary
Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on the development of magnetite iron ore resources in the highly prospective Braemar iron region of South Australia. Its projects include Razorback Iron Ore Project and Muster Dam Iron Ore Project. The Razorback Iron Ore Project is a magnetite iron ore deposit capable of producing a high-grade iron ore concentrate product for use in steel production. The Project is situated approximately 45 kilometers (km) from open-user rail, 120 km from the power grid and 200 km to existing deep water ports. The project consists of two magnetite iron ore deposits, the Razorback and the Ironback Hill deposits. The Muster Dam Iron Ore Project is hosted by the same Braemar Iron Formation as the Razorback Iron Ore Project. The project is located approximately 110 km to the northeast of Razorback. The Company has a total mineral resource of six billion tons of iron ore located approximately 240 km from Adelaide.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/20236/30/2023Yes----

Industries
SIC Code Description
1011 Iron ores
1099 Miscellaneous metal ores, not elsewhere classified
1041 Gold ores

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Chairman of the Board JamesMckerlie 9/25/2023 1/12/2022
Chief Executive Officer TimDobson 8/23/2022 8/23/2022
Chief Financial Officer, Joint Company Secretary Simon David L.Smith 10/30/2023 9/4/2023
6 additional Officers and Directors records available in full report.

Business Names
Business Name
Aldershot-Royal Joint Venture
MGT
MGTDB
5 additional Business Names available in full report.

General Information
Outstanding Shares: 98,434,525 (As of 12/31/2023)
Shareholders: 6,253
Stock Exchange: ASX
Fax Number: +61 884270515


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Wednesday, March 27, 2024