Macro Metals Ltd
Macro Metals Limited is an Australia-based mineral exploration, development and mining services company.
The business
Macro Metals Limited is an Australia-based mineral exploration, development and mining services company. The Company directly owns a portfolio of iron ore and manganese assets which are undergoing active exploration programs. Its projects include the Turner Iron Ore Project, Catho Well Iron Ore Project, and others. Its Catho Well project is located approximately 180 kilometers (km) via roads from Onslow Port and comprises a single granted exploration license 08/3087. The Turner Project is located 25km west-north-west of Tom Price and is situated 5km north-west of the Rio Tinto Turner Syncline Mine. Its other projects include Deepdale Iron Ore Project, Bellary Springs Iron Ore Project, Mogul VMS Project, Wiluna West Project, and Agbaja Iron Ore Project. It also owns the Extension Iron Ore Project located in an Iron Ore precinct of the Pilbara in Western Australia. The Company, through its wholly owned subsidiary, Macro Mining Services Pty Ltd, offers safe and accretive mining services.
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Latest news
Macro Metals: A new venture following the MinRes growth model
Macro Metals, led by Simon Rushton, pursues MinRes-style growth; $5m Nigeria sale funds WA mining services expansion.
Macro Metals Divests KCM Mining and Agbaja Iron Ore Project to Focus on WA Assets
Macro Metals to divest KCM Mining/Agbaja for US$5.6m (net ~A$5.1m); funds to fast-track WA assets and mining services growth; approvals pending.
Macro Metals Adds Yandi South Project to Pilbara Iron Ore Portfolio
Macro Metals secures a $6.5m Yandi South iron ore project deal in the Pilbara with a production royalty, expanding near BHP and Rio assets and magnetite upside.
Nexus Minerals Advances Crusader-Templar Gold Project Towards Funded Mining Operations with MoU
Nexus Minerals signs six-month MoU with MGMS to fund and operate Crusader-Templar; 60/40 profit share after cost recovery; binding terms set later.
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