Magna Mining Inc
Company Overview
Mining company
Latest News
Magna Mining Announces New Drill Results from McCreedy West and Recognition from the Government of Ontario
Magna Mining reports strong drill results at McCreedy West, Ontario, and highlights the project's strategic importance, with government support for critical mineral development.
Magna Mining Reports First Quarter 2025 Operating and Financial Results
Magna Mining's Q1 2025 results include asset acquisition, initial mine production, strong cash balance, and focus on optimizing operations and growth in Sudbury.
Magna Mining Announces Corporate Updates and Grant of Stock Options and RSUs
<img height="2" id="306" src="https://api.newsfilecorp.com/newsinfo/248358/306" style="width: 1px; height: 1px; border: 0px solid;" width="2" /><p>Sudbury, Ontario--(Newsfile Corp. - April 14, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the …
Magna Mining Announces Assay Results and Provides an Update on the McCreedy West Mine
Magna Mining Inc. reports promising assay results from McCreedy West and Levack Mines, highlighting high-grade copper and PGE values, including 24.9% Cu at Levack. The results support ongoing resource expansion …
Magna Mining Announces Closing of $33.5 Million Private Placement
Magna Mining Inc. announced the closure of a private placement, raising approximately $23.5 million from unsecured convertible debentures and $10 million from common shares. The funds will support Sudbury projects …
Magna Mining Initiates Diamond Drilling at the Levack Mine and Reports 2024 Drilling Results at the McCreedy West Mine
Magna Mining Inc. has completed the acquisition of Sudbury Basin assets and initiated diamond drilling at the Levack Mine. Recent drilling at the McCreedy West Mine revealed high-grade copper, nickel, …
Magna Mining Completes Acquisition of Producing Copper Mine in Sudbury from KGHM International Ltd.
Magna Mining Inc. has completed the acquisition of base metals assets in the Sudbury Basin from KGHM International Ltd. The deal includes several mines and exploration assets, with a total …
Magna Mining Announces Upsize to Previously Announced Private Placement
Magna Mining Inc. is increasing its private placement of unsecured convertible debentures from C$15 million to C$22 million, alongside a common share offering. The funds will support Sudbury projects and …
Magna Mining Announces up to $25 Million Private Placement
Magna Mining Inc. has announced a private placement offering of up to C$15 million in unsecured convertible debentures and C$10 million in common shares, aiming to fund its Sudbury projects …
Magna Mining Provides Update on Acquisition of Properties from KGHM International Ltd.
Magna Mining Inc. is progressing towards finalizing its acquisition of base metals assets in the Sudbury Basin from KGHM, aiming to close the deal by February 2025. The company focuses …
Magna Mining Provides Update on Acquisition of Producing Copper Mine in Sudbury from KGHM International Ltd.
Magna Mining Inc. updates on its acquisition of base metals assets in Sudbury from KGHM, targeting closure around January 31, 2025. The company has made progress on regulatory approvals since …
Magna Mining Acquires Additional Critical Mineral Exploration Assets in the Sudbury Basin Mining District
Magna Mining Inc. has announced an agreement to acquire base metals assets from NorthX Nickel Corp. in the Sudbury Basin, enhancing its exploration portfolio. The properties, believed to have high …
Magna Mining Closes $21.85 Million Private Placement of Common Shares
Magna Mining Inc. has successfully closed its private placement of over 20 million common shares at $1.05 per share, generating around $21.85 million in gross proceeds. The offering was led …
Magna Mining Discovers New Copper Zone at the Shakespeare Project
Magna Mining Inc. has reported the successful completion of the first drilling at its Southwest (SW) Copper zone in Sudbury, Ontario, which has intersected 1.4% Cu over 32.4 metres, including …
Magna Mining Files Updated Preliminary Economic Assessment for the Crean Hill Project
Magna Mining Inc. has filed an independent technical report titled "Preliminary Economic Assessment Update for the Crean Hill Project, Sudbury, Ontario, Canada" with SEDAR. The report, prepared by SGS Geological …
Magna Mining Files Technical Report for the McCreedy West Copper-Nickel Mine
Magna Mining Inc. has filed an independent technical report in connection with its acquisition of a portfolio of base metals assets in the Sudbury Basin, including the McCreedy West copper …
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