Magmatic Resources and Fortescue have agreed to a $3.5 million exploration budget at their Myall joint venture, with drills set to turn on the Calais prospect.
Today's board moves wrap includes David Richardson, David Berrie, Adam McKinnon, Ross Oliver, Geraldine Holland, Mike Hodgkinson, Amanda Wilton-Heald, Henko Vos, Simon Lill, Tim Bunney, and Luke Hampson.
Today's board moves include David Richardson, Zhang Yong, Michael Naylor, Susan Jones, William Foster, Nicole Jeanneret, Hayden Bartrop, Kelvin Flynn, Charles Hughes, Jennifer Neild, Alexander Hewlett and Matthew Nixon.
Andrew Forrest-backed Fortescue has acquired a 19.9 per cent stake in Magmatic Resources, in addition to its farm-in, joint venture agreement with the company.
