Polymetals Mining
Polymetals Mining (ASX: PLY) is an Australian mining company focused on precious and base metal production.
The company has current production, positive cashflows and tenements including the 25% owned Drew Hill Project (White Dam Gold Mine) in South Australia with JV Partner Exco Resources (ASX: EXS) - currently in production; and the 100% owned Canbelego Project (Mt Boppy Gold Mine) in NSW which has an existing 87,000 ounce gold inventory.
In-Depth Polymetals Mining Articles
Archive-
07/02/2012
Polymetals Mining eyes potential 55% increase in half year profit
Polymetals has raised its expected profit for the half year to December 2011 to $4.5 to $5.1 million, an increase of between 55% and 76%, with strong production, high commodity prices and an asset sale all contributing.
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10/01/2012
Polymetals obtains uplift from higher equity interest in Drew Hill project
Polymetals has increased its equity interest in the Drew Hill Project by 25%. This involves the White Dam Mine (Hannaford Pit), the Vertigo Project, and Drew Hill exploration tenements. The move provides a solid foundation for growth in 2012/13.
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01/12/2011
Polymetals Mining: working its magic at Mt Boppy gold mine
The speed at which Polymetals brought its 25% owned White Dam Gold Mine into production, from sheep paddock to first gold production in 31 weeks was impressive. Cash of $21m versus a modest market valuation of just $26m begins to tease out the upside potential. An eight month timeline to production at Mt Boppy is a testament to the strengths of this company.
Presentations & Company Media
23/11/2011
Polymetals Mining (Presentation)
Related Research & Media
Current Operations:
Overview of Projects
For More Details about Each Project, Click Below:
Canbelego - Mt Boppy Gold Mine
Canbelego Exploration
Drew Hill - White Dam Gold Project
Drew Hill Exploration
Management
Major Shareholders
No info available.
Contact Information
The Samford Corporate Centre is the
registered office of the Polymetals Group.
Located 30 minutes from Brisbane CBD, it
houses the corporate, financial, technical
management and administration functions
of the group.
29 Main Street
Samford Qld 4520
Phone: 07-3289 3313
Fax: 07-3289 3314
emal: hoadmin@polymetals.com
Website: http://www.polymetals.com.au/
Corporate Information
No info available.
