RFC offers Razorback farm-in

THERE’S movement in South Australia’s iron ore sector, with broking financial services  firm RFC Ambrian Group offering to earn a stake in Magnetite Mines’ long-stalled 3.9 billion tonne Razorback project.

RFC offers Razorback farm-in RFC offers Razorback farm-in RFC offers Razorback farm-in RFC offers Razorback farm-in RFC offers Razorback farm-in

Razorback is one of three deposits hosting 3.9Bt of iron ore.

RFC's Braemar Mining Developments has delivered a non-binding indicative farm-in proposal to earn between 49.9-70% in the project by funding work to the completion of a definitive feasibility study.

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