Macarthur is pleased to provide an update on the Company's iron ore projects and plans for 2014. The Company's immediate focus remains to bring the Ularring Hematite Project in Western Australia into production by Q3/Q4 2015. Further metallurgical testing and iron ore characterisation work was undertaken during 2013. There are a number of zones within the ore body, including zones of predominantly haematitic ores and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 9, 2013) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Macarthur Minerals Ltd. (TSX:MMS)(OTCQX:MMSDF) (the "Company" or "Macarthur") is pleased to report the Esperance Port Authority ("EPSL") has confirmed that it received development proposals from the two shortlisted proponents being Qube Bulk Pty Ltd [...]
Macarthur Minerals Limited is pleased to announce that on October 24, 2013 the Company has received environmental approval for the development of the Ularring Hematite Project based on recommendation by the WA Environmental Protection Authority. The Western Australian Minster for Environment; Heritage issued the environmental approval based on the Company's proposal to develop an iron ore mine and associated [...]
Macarthur Minerals announces that the Court of Appeal has upheld an earlier decision by the Supreme Court of Queensland to award indemnity costs in favour of the Company and certain directors and officers of the Company in respect of legal proceedings commenced by LPD Holdings and Mayson Associates in July 2012, the subject of previous announcements dated July 20, 2012, August 24, 2012 and November 26, 2012.
Macarthur Minerals is pleased to announce that pursuant to the Company's Share Compensation Plan, it has granted an aggregate of 2,400,000 incentive stock options to executives of the Company. The options are exercisable for a 3-year period from today at CAD$0.25 per share and has no vesting conditions.
Macarthur Minerals is pleased to announce that all resolutions were passed at the Annual General and Special Meeting of the Company held today in Australia. Macarthur's President, Chairman and CEO, Alan Phillips commented that, "Macarthur takes this opportunity to thank its shareholders for its high level of support. Almost 62% of the Company's shareholders participated in the meeting, with 90 - 100% of those shareholders [...]
Macarthur Minerals is pleased to report that on June 11, 2013 the Esperance Port Authority announced that two consortia have been short listed to tender for development of the Multi User Iron Ore Facility planned at the Port of Esperance. The successful parties, Qube Bulk Pty Ltd and Brookfield Infrastructure (Australia) Pty Ltd; and Yilgarn Esperance Solution consortium (comprised of McConnell Dowell Constructors (Aust [...]
Macarthur Minerals is pleased to report that on January 31, 2013 the Western Australian Treasurer; State Minister for Transport; Emergency Services, Honourable Troy Buswell, BEc MLA, announced that the Western Australian State Government has accepted an Esperance Port Authority board recommendation to start a procurement process to identify a private sector consortium to design, finance, construct and operate a multi-user [...]
Positive metallurgical test results confirmed the feasibility of upgrading the Ularring Hematite Project's Mineral Resource through conventional gravity and magnetic beneficiation. A consequence of this was a significant reduction in cut-off grade and a substantial increase in the hematite/goethite Mineral Resource inventory lifting the Indicated Mineral Resource from 13.01 Mt @ 55.2% Fe to 54.46 Mt @ 47.2% Fe and the [...]
Macarthur Minerals provides an update regarding legal proceedings commenced by LPD Holdings and Mayson Associates against the Company, certain directors and officers of the Company, and Jaldale Pty Ltd in July 2012, the subject of previous announcements dated July 20, 2012 and August 24, 2012.
Macarthur is pleased to announce that it has appointed Brookfield Financial Australia Securities as Financial Advisor to advance the development of its iron ore projects in Western Australia. Under the arrangement, Brookfield Financial will perform a range of services to assist Macarthur to achieve the following: Port of Esperance Access. As announced previously on July 3, 2012, in addition to participating in the market [...]
Macarthur Minerals announces that further to its news release dated August 16, 2012 announcing a mineral resource and mineral reserve estimate on the Company's Ularring Hematite Project located in the Yilgarn region of Western Australia, it has today filed a National Instrument 43-101 technical report entitled "Technical Report, Macarthur Minerals Limited Pre-Feasibility Study Ularring Hematite Project Western Australia [...]