Tag #Australian Mining

What is the significance of Macarthur Minerals' appointment of Nigel Jones to its Moonshine project?

Macarthur Minerals engaged Nigel Jones, a seasoned mining executive, to advance its Moonshine magnetite iron project in Western Australia. Jones's 30 years of experience in mining and resource financing will be crucial in securing joint ventures or partnerships to develop the 1.3-billion-tonne deposit. His consulting firm, Redbeck Partners, will receive a $15,000 monthly fee payable in Macarthur shares.