| Sept 2013 Quarterly Activities and Cashflow Report | |
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Highlights:
· Bauxite resources of Bauxite Resources Limited ("BRL") and its joint ventures partners totals 256.4Mt - resources are near surface, situated close to existing road, rail and port infrastructure.
· BRL's 100% Fortuna bauxite deposit upgraded to 39.5Mt @ 37.3% Total Al2O3 (28.8 % available @ 148°C), 5.2% SiO2 (1.6% reactive @148°C) (all grades are unbeneficiated).
· BRL enters development evaluation phase for supply into the international bauxite market of its 100% owned bauxite resources.
· Robert Nash named new Chairman of BRL following retirement of Barry Carbon AM.
· New Yankuang Chairman visits Felicitas deposit.
· Yankuang Resources and HD Mining nominate Australian based executives to be appointed as BRL board members.
· Share buyback program continued with 1.8 million shares purchased. Currently suspended (see below).
· Cash at bank A$43.7 million and no debt.
ACTIVITY SUMMARY FOR SEPTEMBER 2013 QUARTER
Bauxite Resources Limited ("BRL" or the "Company") continues to focus primarily on the exploration and evaluation of bauxite prospectivity in BRL's extensive tenement holding in Western Australia's Darling Range, the largest bauxite and alumina producing region in the world. Currently the Company holds ~17,710 km 2 (9,595 km 2 granted).
Fortuna - 100% BRL
During the quarter, the Company announced an increase to its Fortuna Deposit (100% BRL) to 39.5 million tonnes and the commencement of development evaluation for the project.
The resource defined to date on this tenement has attributes similar to other Darling Range bauxites which supply the existing refineries in Western Australia.
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Bauxite Resources Ltd.
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CODE : BAU.AX |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Bauxite Resources est une société développant des projet miniers basée en Australie. Bauxite Resources détient divers projets d'exploration en Australie. Ses principaux projets en exploration sont MUCHEA BAUXITE, KIMBERLEY BAUXITE et DARLING RANGE BAUXITE en Australie. Bauxite Resources est cotée en Australie. Sa capitalisation boursière aujourd'hui est 8,6 millions AU$ (5,8 millions US$, 5,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 29 octobre 2010 à 0,39 AU$, et son plus bas niveau récent le 11 octobre 2019 à 0,04 AU$. Bauxite Resources possède 214 420 000 actions en circulation. |