Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
My blog:
  • Mindax In Discussions With Strategic Partner For Mt Forrest Iron Ore Project 0 comments
    Jan 23, 2013 7:21 PM

    Mindax (ASX:MDX) is in discussions with a strategic partner to fast track development of the Mt Forrest Iron Project in Western Australia.

    Located in the northern part of the Yilgarn Iron Province, Mindax's Mt Forrest Iron Ore project is 150 kilometres north-west of the railway line at Menzies which connects with the Port of Esperance iron ore export shipping facility.

    The discussions involve the feasibility and development of the direct shipping ore component of Mindax's Mt Forrest Iron Project.

    The company said "discussions are well progressed and it is anticipated they will be finalised in the near future."

    An announcement is expected upon finalisation of the discussions.

    Mindax's emphasis is on developing a low phosphorus Direct Shipping Ore (DSO) export operation which could generate early cash-flows to enhance the economics of a subsequent magnetite operation.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.