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Magnum and Magnetite cash-in on super strong iron ore market

Both unveil decent-sized fund raisings

Michael Quinn
Razorback, SA

Razorback, SA

Magnetite reported commitments for new shares priced at 5.8c each, with the stock trading at levels at just over 1c as recently as late last year. Magnetite is working on a prefeasibility study for...

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