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Macarthur Minerals Posts A$25.6M Loss Amid Hematite Project Sale

7:54am on Monday 2nd of June, 2025 AEST Mining
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Macarthur Minerals Posts A$25.6M Loss Amid Hematite Project Sale

7:54am on Monday 2nd of June, 2025 AEST
Key Points
  • Reported net loss of A$25.6 million for nine months to December 2024
  • Loss primarily due to A$22 million write-down from Hematite Project sale
  • Cash reserves declined to A$79,114 at period end
  • Company secured A$1.28 million via private placement during period
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