Magmatic Resources and Fortescue Metals Announce Joint Venture

In March, Magmatic Resources (ASX:MAG) announced a joint venture with Fortescue (ASX:FMG) for the Myall copper-gold prospect in central western NSW.

sharecafeJun 12 02:43 ET

Magmatic Resources to Begin Aircore Drilling Campaign at Lady Ilse Prospect

Magmatic Resources (ASX:MAG) is set to conduct an aircore drilling campaign at the Lady Ilse gold-copper prospect at the company's Wellington North project in the coming weeks, following the receipt o

MT NewswiresMay 28 19:55 ET

Magmatic Resources Raises AU$3 Million via Placement

Magmatic Resources (ASX:MAG) received firm commitments to raise approximately AU$3 million via a placement to advance its gold and copper exploration at its portfolio assets, including the Wellington

MT NewswiresMay 19 19:58 ET

Magmatic Resources to Restart Gold-Copper Exploration at Wellington North

Magmatic Resources (ASX:MAG) will restart gold and copper exploration at its Wellington North project in New South Wales, Australia, according to an Australian bourse filing on Tuesday. The exploratio

MT NewswiresMar 18 18:49 ET

Australian Shares Hit Record High as Rate Cut Hopes Strengthen

Australian shares rose to a record high on Friday, led by the heavily-weighted financial sector, as rate cut bets continued to strengthen following the release of weak gross domestic product growth data.

MT NewswiresMar 8 00:49 ET

Magmatic Resources and Fortescue Announce $14m JV to Explore Myall's Copper-gold Potential

The share price of Magmatic Resources (ASX: MAG) jumped more than 50% after it revealed it had executed a $14 million farm-in and joint venture agreement with FMG Resources Pty Ltd, a wholly-owned subsidiary of mining giant Fortescue (ASX: FMG), to explore the Myall copper-gold project in central-west New South Wales.

Small CapsMar 7 21:05 ET