Magmatic Resources brings Fortescue into the fold at Myall copper-gold play
–News Direct– Magmatic Resources Ltd (ASX:MAG) managing director Adam McKinnon joins the Proactive studio after the junior explorer secured mining giant Fortescue Ltd (ASX:FMG) as a cornerstone investor. The Andrew Forrest-backed miner snapped up 76 million MAG shares at a 10% premium to net a near-20% interest in the precious and base metal player. In […]