Metals X managed to progress its strategy to build its gold division and re-establish the Company as a diversified miner and developer. The key event was the acquisition of the Australian Business Unit of Alacer Gold with an effective date of 1 October 2013 and a completion date of 29 October 2013.This brought on two additional operations and a large amount of plant & infrastructure, expanding the group's revenue and [...]
WEBCAST: Investorium.tv Monday March 17th 2014 in Sydney presents four speakers to a live audience and video streamed from the Sydney Sky Venue, 300 metres above the Sydney Business District.Investors wishing to view Company CEO Presentations may tune it at: www.investorium.tv/webcast The program includes the following Australian Mineral Mammoths. POTASH Rum Jungle ResourcesOne Billion Tonnes of Potash and Phosphate in [...]
It seems old dogs can teach the new dogs a few tricks!! Veteran miners Peter Newton and Peter Cook ("Talkie and Cookie") who made have made their backers a fortune over the years in gold look set to do it again as their diversified miner released its first quarter as a gold producer. Whilst most Australian gold miners are struggling to make profit and have decimated their backers with tumbling share prices, Metals X [...]
Westgold advises that it has restructured its Board to reflect the Company's focus on development and production from its Northern Territory and Western Australian gold projects. Mr Scott Huffadine has been appointed as the new Managing Director with immediate effect. Mr Huffadine is a Geologist (BSc. (Hons)) with over 18 years' experience in the resources industry, specifically in mining project management and geology [...]
Metals X has commissioned the copper circuit at the Renison Tin Project in Tasmania and is now producing a copper concentrate as a co-product. Metallurgical performance to date is showing higher than expected concentrate grades and recoveries compared with those achieved in the initial test work. Production is expected to be at a rate of 1000-2000 tonnes of copper metal per annum and can also potentially add silver [...]
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