Magnum Mining and Exploration Ltd
Magnum Mining and Exploration Limited is an Australia-based company, which is focused on Buena Vista Magnetite and HIsmelt Green Pig Iron Project, located in Nevada in the United States.
The business
Magnum Mining and Exploration Limited is an Australia-based company, which is focused on Buena Vista Magnetite and HIsmelt Green Pig Iron Project, located in Nevada in the United States. The Company is also developing the Appalachian Iron HIsmelt Green Pig Iron Project located in West Virginia, United States. It owns 100% interest in Monomatapa Mining Services Inc, which holds the Parker and Mormon Canyon Projects. The project assets include two packages of prospective copper-gold properties situated in Arizona and Idaho, United States. The Company owns 100% interest in EV Resources Inc, which holds the La Cienega Gold Project situated in Arizona, United States. It owns 100% interest in Palmares Estudos Geologicos LTDA, which owns a major portfolio of Rare Earth Element (REE) prospective mineral exploration licenses. Its Azimuth 125 and Palmares REE Projects are located across the states of Bahia, Minas Gerais and Goias states in south-central Brazil. Both projects cover 1,549 km2.
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Latest news
Magnum Mining Confirms Ionic Adsorption Clay Discovery at Azimuth Project
Magnum Mining (ASX: MGU) confirms ionic adsorption clay discovery at Azimuth, boosting Brazilian REE assets; also completes US Wet Mountain REE acquisition.
Magnum Minerals Commences Maiden Drilling Program at Azimuth REE Project in Brazil
Magnum Minerals (ASX: MGU) has initiated an initial auger drilling program at the Azimuth rare earth element project in Brazil, which it acquired in May.
Magnum Mining and Exploration Eyes US Rare Earth Market after Promising Test Results in Brazil
Magnum Mining & Exploration (ASX: MGU) has received a significant boost to its ambitions of becoming a supplier to the growing US rare earth elements (REE) market with positive leach test work results from its Palmares project in Brazil. Preliminary work on 23 REE samples from the Feirinha prospect at Palmares have highlighted the project’s potential […]
Magnum Mining Pursues Fast-Tracked Permitting for Nevada Critical Minerals Hub
Magnum Mining and Exploration (ASX: MGU) will explore the possibility of it being able to fast track the permitting for a proposed critical minerals processing hub at its 100% owned Huxley and Colado sites in Nevada. The company has already entered into discussions with key consultants in relation to the development of the Lovelock hub […]
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