Max Resource Corporation

News Release: Max Resource Completes Strategic Review - Plans To Spin Out Iron Ore Assets to "Max Iron Brazil Ltd" and Seek Listing on ASX https://lnkd.in/gwCyWm9w #IronOre #Copper #Commodities #MiningMatters #Resources #Brazil Brett Matich

Iron ore price rallies on Chinese stimulus hopes Iron ore prices are anticipating more Chinese stimulus at the upcoming 14th National People’s Standing Committee, scheduled to meet Nov. 4-8. This is despite a pullback in prices earlier this week. https://lnkd.in/gTsd_TZS #IronOre #miningnews #commodities #resources #mining Ahead of the Herd

New (Recap) ✍️ Ahead of the Herd ⤵️ Max closes purchase of Florália Hematite (DSO) Iron Ore Project in Brazil ‘The transaction closed pursuant to a mineral rights purchase agreement entered into with the company’s Brazilian subsidiary, Max Resource Brazil Ltd.’ ‘Brazil is the world’s second-largest producer of iron ore, at 16% of global production. Most of the country’s iron ore mining takes places in the state of Minas Gerais, home to Florália. Australia is the largest iron ore producer but the Australian government taxes it at a higher rate than Brazil, taking a 7.5% royalty versus Brazil’s 3.5%.’ Read more - https://lnkd.in/gaNWQNrV #ironore #PreciousMetals #mining #MiningExploration #juniormining #Brazil #MiningBrazil Brett Matich

Max Resource Corporation assume mina de ferro da Jaguar Mining Inc. em MG: Florália Hematita entra em nova fase A Max Resource Corporation acaba de expandir suas operações no Brasil ao adquirir o projeto de minério de ferro Florália Hematita da Jaguar Mining Inc. por US$ 1 milhão. Localizado no município de Santa Bárbara, no Quadrilátero Ferrífero, Minas Gerais, o projeto abrange uma área de 613 hectares e promete um grande potencial mineral. Brett Matich, diretor-executivo da Max, destacou a importância estratégica dessa aquisição: “A cava do projeto Florália revela faixas de minério de ferro de hematita de tamanho considerável, sub-horizontais, que parecem se estender em todas as direções.” O foco inicial será em um levantamento magnético por drone, seguido por sondagens diamantadas, reforçando a presença da Max na região. Em 2023, a Jaguar já havia realizado um programa de amostragem que definiu um potencial geológico entre 8 a 12 milhões de toneladas de minério, com teor médio de 58% de ferro. A proximidade com compradores locais, a apenas 20 km, dá à Florália uma vantagem competitiva em termos de custos de transporte. A Jaguar Mining Inc. também manterá um royalty de 3,5% sobre a receita líquida do projeto, consolidando a parceria entre as empresas. Como você avalia o impacto dessa aquisição para o mercado de mineração em Minas Gerais? Compartilhe sua opinião nos comentários! #MaxResource #JaguarMining #FloráliaHematita #Mineração #QuadriláteroFerrífero #MineraçãoSustentável #femto #femtomining

News Release: Max Resource Announces Closing of Transaction to Purchase 100% of the Florália Hematite Iron Ore Project in Brazil "The Florália Hematite Iron Ore open pit reveals sizable, sub-horizonal plunging bands of hematite iron ore which appear to extend in all directions. Upon successful exploration and development, with iron ore buyers situated within 20-km, Florália would have a significant transportation cost advantage, as bulk tonnage haulage to a shipping port would not be required," our CEO, Brett Matich commented. https://lnkd.in/g5cVKgQ6 #ironore #PreciousMetals #mining #MiningExploration #miningnews #MiningBrazil 

Citi Sees Iron Ore Prices To Hit $120/T, Copper To $10,500/T In Coming Weeks Sees Iron Ore prices climbing to $120/T and Copper to $10,500T in its base case in next couple of weeks 💥 https://lnkd.in/gFgRrCDy #IronOre #Copper #Commodities #MiningMatters #Resources

📈Aussie shares hit new high on iron ore boom, Mon 30 September 2024 ‘A sharp rally in iron ore prices pushed to Australian sharemarket to yet another record high on Monday, as investors grow giddy about enhanced growth prospects in China.’ Read more here ➡️ https://lnkd.in/g-BES3Uz #ironore #PreciousMetals #mining #MiningExploration #miningnews 

Iron Ore Soars 10% as ASX and China Stocks Surge ‘Iron ore prices skyrocketed by 10% on Monday, driven by China's efforts to meet its economic growth target through policy stimulus.’ Learn more —> https://lnkd.in/g7qVYGVM #ironore #PreciousMetals #mining #MiningExploration #KalkineTV Kalkine Media Canada

New ✍️ Seeking Alpha ⤵️ Iron ore surges in Asia after China homebuying rules eased ‘Iron ore futures spiked in early trading Monday after three of China's biggest cities eased restrictions on homebuying, raising hopes for stronger demand in the top global consumer of the steelmaking ingredient.’ Read more - https://lnkd.in/gDEW3kWp #ironore #PreciousMetals #mining #MiningExploration 

New ✍️ Ahead of the Herd ⤵️ Junior Resource Companies own the world’s future mines ‘Some juniors have projects so large it makes sense to bring in a senior partner. The major adds creditability to the project and pays for exploration, reaching higher ownership percentages as capital is expended. These earn-in agreements are becoming increasingly popular. One example is Max Resource Corp (TSXV:MAX, OTC:MXROF, Frankfurt:M1D2). Max recently discovered a Manto-style mineralization target of significant size.’ https://lnkd.in/gx-7UpVj #copper #criticalmetals #PreciousMetals #juniormining #mining #MiningSouthAmerica #MiningExploration Brett Matich