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1 year chart

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1 day chart

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Epic & Msn data
Epic RMLA
Time: 07:41:14
Mid Price: 1.78
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 14.00
Fifty Two Week Low: 1.63
Market Capital: 4.30
Period & price data
Period Price
Now: 1.78
3 Months ago: 3.88
6 Months ago: 9.00
1 Year ago: 12.25
Additional information
Additional Information
Market: AIM, ASX
Sector: General Mining
News: Latest news
Web Site: Rusina Mining
Other Articles: 28-11-200804-11-200831-10-2008

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Rusina Mining

Rusina Mining N.L. is an active mining exploration company that is focused on the emerging Philippine mining sector. The Company has defined a JORC compliant resource estimate for nickel laterites at its Acoje tenement on the island of Luzon and will commence mining operations in the second half of 2007. The Acoje property also hosts chromite, nickel sulphides and platinum group metals. Rusina is listed on the Australian Stock Exchange, code RML and the London Stock Exchange (AIM) code RMLA.
Company information about: Rusina Mining
Tuesday, May 27, 2008

Rusina Mining expects to start new drill campaign soon

Rusina Mining (AIM: RMLA) confirmed that a rotary drill rig was on route to the Acoje Nickel-Chrome-PGM project site in the Philippines. The rig is capable of drilling to depths of 1000 metres, and will be testing for Platinum Group Metals, Chromite and Nickel Sulphides. The first phase program will complete a minimum of 10 holes, or 2000 metres of drilling and is targeting high grade "pods" of platinum group metals.

On a separate note, Rusina also announced that it had committed funds, personnel and equipment to the local town of Santa Cruz which took on considerable damage after typhoon Cosme crossed over the region on May 19. Minor damage was also sustained to the operations of DMCI, one of Rusina's partners, but mining operations have continued. Rusina also confirmed that a further 51,700 wet metric tonnes of 1.7% nickel laterite ore is presently being loaded for export.

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Disclaimer

This document is intended solely for the information of the particular person to whom it was provided by Proactive Investors Australia Pty Ltd and should not be relied upon by any other person. Although we believe that the advice and information which this document contains is accurate and reliable, Proactive Investors Australia Pty Ltd Limited has not independently verified information contained in this document which is derived from publicly available sources, directors and proposed directors and management. Proactive Investors Australia Pty Ltd assumes no responsibility for updating any advice, views, opinions, or recommendations contained in this document or for correcting any error or omission which may become apparent after the document has been issued. Proactive Investors Australia Pty Ltd Limited does not give any warranty as to the accuracy, reliability or completeness of advice or information which is contained in this document. Except insofar as liability under any statute cannot be excluded, Proactive Investors Australia Pty Ltd Limited and its directors, employees and consultants do not accept any liability (whether arising in contract, in tort or negligence or otherwise) for any error or omission in this document or for any resulting loss or damage (whether direct, indirect, consequential or otherwise) suffered by the recipient of this document or any other person.

This document has not been written for the specific needs of any particular person and it is not possible to take into account each investor’s individual circumstances and that investors should make their adviser aware of their particular needs before acting on any information or recommendation. Proactive Investors Australia Pty Ltd Limited, its employees, consultants and its associates within the meaning of Chapter 7 of the Corporations Law may receive commissions, underwriting and management fees, calculated at normal client rates, from transactions involving securities referred to in this document and may hold interests in the securities referred to in this document from time to time.

Disclosure of Interest

Proactive Investors Australia Pty Ltd and its associates may have owned shares in the above company as at the date of the report. This position is subject to change without notice.