sector: Basic Materials ·
industry: Precious Metals & Minerals ·
As of
15 May 2009
197.00ZAX
Gold One International Limited, formerly BMA Gold Limited, is a gold mining and exploration company. During the year ended December 31, 2008, the Company’s principal activity is the exploration of the Twin Hills Gold Project in central eastern Queensland. Twin Hills is located in the Drummond Basin. The Company has a pipeline of gold projects, ranging from Modder East, which is under construction, to advanced and early stage assets located elsewhere in South Africa’s mining districts of the East Rand and Free State, as well as the greenfields Etendeka project in Namibia. It also holds interests in various other properties, such as Modder East Gold Project, Sub Nigel Gold Project, New Kleinfontein Gold Mine, Ventersburg Gold Project, Sub Nigel 6 Gold Project and Etendeka Prospecting and Mining Company.
BRIEF: For the six months ended 30 June 2009, Gold One International Limited reported no revenues. Net loss total RAN258.2M, up from RAN19.7M. Revenues reflect the Company is still being in the development stage. Higher loss reflects increased general & administrative expenditure, the presence of investment loss and the presence of fair value adjustment loss on financial liability vs. an income. Gold One International Limited, formerly BMA Gold Limited.
Aflease Gold Limited
Empire Park, Block A
55 Empire Road,
Gauteng
Johannesburg 8001
P: +2711.8144290
F: +2711.8147975