Company Profile For Minara Resources Limited
Minara Resources Limited (MRE.AX) (Australia Stock Exchange)
sector: Basic Materials ·
industry: Mining & Metals - Specialty ·
Overview
Minara Resources Limited is an Australia-based company engaged in the production of nickel. The principal activities of the Company during the period were the operation of the Murrin Murrin Nickel/ Cobalt Project (the Project or the joint venture or Murrin Murrin), involving the mining and processing of laterite ore to produce nickel and cobalt, exploration for nickel directly and in joint ventures with third parties and research and development of nickel/cobalt heap leaching and other hydrometallurgical methods of nickel extraction.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Minara Resources Limited's revenues decreased 34% to A$190.1M. Net loss totaled A$3.1M vs. an income of A$49.2M. Revenues reflect a decrease in sales from Nickel and lower sales from Cobalt. Net loss reflects a reduction in other revenue and an increase in finance expenses. Minara Resources Limited is engaged in the Murrin Nickel/Cobalt Joint Venture project.
Company Address
Minara Resources Limited
Level 4
30 The Esplanade
Perth WAS 6000
P: +618.92128400
F: +618.92128401
Level 4
30 The Esplanade
Perth WAS 6000
P: +618.92128400
F: +618.92128401
Total Employees
817
Find Out More About MRE.AX
Market Update
India
US
UK- Asia
- Most Actives
Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 76.62 | +0.21% | 11/25 09:24 IST |
| Gold | 1176.2 | +0.88% | 11/25 09:04 IST |
