Arrow Minerals Ltd. is pleased to announce it has entered into a Share Purchase Option Agreement to acquire the Niagara Bauxite Project, located in Guinea . See Appendix 1* for a summary of the Agreement. Highlights - Arrow expands its bulk commodity presence with agreement to acquire Niagara Bauxite Project located in Guinea, the world's largest exporter of high-grade low-impurity bauxite - Niagara Bauxite Project is an [...]
Arrow Minerals Ltd. is pleased to report on its activities for the quarter ended 30 June 2024 . Highlights - Strong start to 2024 drilling campaign with the identification of iron mineralisation in the very first holes with assays up to 63% Fe from surface - Completed 479 drill holes for 7,867 metres during the June 2024 Quarter with up to 6 rigs drilling simultaneously targeting iron mineralisation - Drilling continued [...]
Arrow Minerals Ltd. is pleased to announce more assays which support its strategy to establish Direct Shipping Ore operations at its Simandou North Iron Project in Guinea, West Africa. Highlights - Second batch of assays from Arrow's drilling at the Simandou North Iron Project reinforce the prospectivity of the project to host DSO close to the Simandou multiuser railway. - This report relates to 36 holes, a further 331 [...]
Arrow Minerals Ltd. is pleased to announce that experienced mining and mine development executive, Mr Chris Tuckwell has been appointed as an independent Non-Executive Director of the Company effective 29 May 2024. Background Chris Tuckwell is a qualified engineer and experienced executive of both mining and mining contracting companies with notable experience as Managing Director of MACA Limited and Chief Operating [...]
The Arrow Minerals Ltd. project is along strike and adjoins the giant Simandou iron ore project under development by Winning Consortium/SimFer JV. At 4.6bt at 65% Fe, Simandou is the world's largest undeveloped high grade iron ore project. High-grade, low-impurity iron ores can support net zero carbon emissions and deliver varieties of Green Steel. Port, dual-track multi-user rail and mine development spend of USD$27b is [...]
Arrow Minerals Ltd. has further strengthened its executive team by appointing Tony Muir, to the position of Chief Financial Officer effective 13 May 2024. With over 20 years of experience in mining operations and project development across multiple commodities, including iron ore, Tony brings valuable financial and governance expertise to the Company. His prior roles include executive finance positions at [...]
Arrow Minerals Ltd. is actively exploring the Simandou North Iron Project in Guinea, West Africa with the intention of discovering and developing a direct shipping grade iron mining operation as soon as possible. The Company intends to take full advantage of the multi-user rail infrastructure currently being developed for the benefit of the Winning Consortium and the SimFer Joint Venture due for commissioning from late [...]
Arrow Minerals Ltd. is pleased to report on its activities for the quarter ended 31 March 2024 . Highlights - Raised $13 million in two placements to fund Simandou North Iron Project - Completed accelerated acquisition of remaining 66.7% interest, taking 100% legal and beneficial interest in Amalgamated Minerals Pte. Ltd, which holds the Simandou North Iron Project - Strong start to 2024 drilling campaign with the [...]
Arrow Minerals Ltd. continued the Company's strategic focus on delivering long-term value to shareholders through the discovery and development of economic mineral deposits in West Africa. The primary focus during the period was the Simandou North Iron Project where the Company is earning up to 100% through various expenditure and development milestones as announced to ASX on 13 July 2022 and 30 August 2023. The Company [...]
Arrow Minerals Ltd. is pleased to advise that it has now completed the acquisition of the remaining 66.7% interest in Amalgamated Minerals Pte Ltd, which holds the Simandou North Iron Project, taking legal and beneficial interest to 100% . The $A2,000,000 payment to the vendors at completion of the transaction forms part of the intended use of proceeds referred to in the Company's recently announced AUD$10,000,000 capital [...]
Arrow Minerals Ltd. is pleased to be presenting at Euroz Hartleys' Amplify Webinar, as one of a line-up of five companies selected for the event. We invite investors and shareholders to join at 10am on Wednesday 27 March 2024 to hear from Arrow's Managing Director, David Flanagan as he outlines the key catalysts for the Company. Please refer to the details below to register for the event: Webinar URL: Please copy and [...]
Arrow Minerals Ltd. is pleased to advise that it has received firm commitments totalling $10 million for a share placement at A$0.005 per share. Arrow Managing Director David Flanagan said: "After visiting site earlier in the year I could see so many quality drill targets. I wanted to drill them all and grow our interest in the Project as quickly as possible. The only constraint was funding. This raising will allow us to [...]