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Macarthur Minerals Narrows Loss, Strengthens Lake Giles with New Strategic Partners

3:25pm on Monday 29th of June, 2026 AEST Mining
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Macarthur Minerals Narrows Loss, Strengthens Lake Giles with New Strategic Partners

3:25pm on Monday 29th of June, 2026 AEST
Key Points
  • Loss narrowed significantly from prior year’s $26.5 million
  • Destec Holdings becomes major shareholder with 15.95% stake
  • Gold Valley and Destec form joint venture for hematite extraction
  • Program of Work approval secured for bulk sampling at Lake Giles
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