Magnetite Mines Limited (MGT.AX)

0.2800 +0.0100 (+3.70%) At close: 04:10PM AEST

Magnetite Mines Limited

30 Currie Street
Suite 3, Level 3
Adelaide, SA 5000
Australia
61 8 8427 0516
https://magnetitemines.com

Sector(s): Basic Materials
Industry: Other Industrial Metals & Mining
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Timothy Dobson BAppSc, GAICD, MAusIMM	Chief Executive Officer	876.03k	N/A	N/A
Mr. Simon David Lee Smith B.Bus, B.Com., C.A., CA	CFO & Joint Company Secretary	N/A	N/A	1973
Allan Kane	GM of Sustainability	N/A	N/A	N/A
Ms. Inthu Siva	Company Secretary & Financial Controller	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Magnetite Mines Limited engages in the exploration of mineral properties in South Australia. Its flagship project is the Razorback Iron Ore project that includes the Razorback and Iron Peak deposits located in Adelaide, South Australia. The company was formerly known as Royal Resources Limited and changed its name to Magnetite Mines Limited in December 2015. Magnetite Mines Limited was incorporated in 2004 and is headquartered in Adelaide, Australia.

Corporate governance

Magnetite Mines Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.