Do More With Reuters
Partner Services

Company Profile For Straits Resources Limited

Straits Resources Limited (SRL.AX) (Australia Stock Exchange)
sector: Basic Materials · industry: Precious Metals & Minerals ·
As of  10:40am IST
1.64AUD
Price Change
+0.00
Percent Change
+0.00%
 
Research a stock:   symbol lookup
 

Overview

Straits Resources Limited (Straits) is a diversified resources company. During the fiscal year ended June 30, 2009 (fiscal 2009), Straits was engaged in the production and sale of coal, copper and gold; the exploration for copper, coal and gold, and metal distribution. Its segments include base metals, precious metals and metals distribution. Straits controls and operates the Tritton copper mine in New South Wales, the Mt Muro gold mine in Indonesia, and the Whim Creek copper mine in Western Australia. Straits also own GfE-MIR GmbH, a specialty metals (noble alloys) European-based distribution business, and Magontec, a producer of magnesium alloys with plants in Germany and China. During fiscal 2009, Straits produced a total 34,200 tons of copper. Mt Muro sold 48,367ounces of gold and 297,558 ounces of silver in fiscal 2009. On March 23, 2009, Straits sold a 60% interest in Straits Bulk & Industrial Pty Ltd to a wholly owned subsidiary of PTT Public Company Limited (PTT).

Quick Financial Synopsis

BRIEF: For the fiscal year ended 30 June 2009, Straits Resources Ltd.'s total revenue totaled A$573.7M. Net loss from continuing operations totaled A$386.4M. Results are not comparable, since the Company has changed its financial year end to June from December. Straits Resources Ltd is a diversified resources company. The Company holds a portfolio of mining investments, development projects and exploration ground throughout Australia.

Company Address

Straits Resources Limited
Level 1, 35 Ventnor Avenue
West Perth   WAS   6005
P: +618.94800500
F: +618.94800520

Total Employees

1749

Find Out More About SRL.AX

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 77.06 +0.78% 11/25 16:05 IST
Gold 1179.3 +1.14% 11/25 15:45 IST