The Niuminco group operates in the world class geological provinces of Papua New Guinea & Tasmania, Australia.
In PNG, Niuminco has three highly prospective properties adjacent or close to existing large mines or deposits. These include:
- Edie Creek mining leases (83% interest) - an epithermal, gold/silver mine adjacent to MMJV's Hidden Valley mine. The Edie Creek mining leases have all been renewed until 2021 and 2022. Gold/silver pilot mining and production recommenced in February 2014 and is continuing to be ramped up from the average 2015 financial year production level of 97.7 ounces per month.
- May River exploration licence (100% interest) - major copper/gold porphyry style anomaly adjacent to PanAust's Frieda River deposit.
- Bolobip exploration licence (100% interest) - a major 'drill ready' copper/gold porphyry target east of the Ok Tedi mine.
In Tasmania, Australia, Niuminco, through its 72.54% shareholding in TNT Mines Limited, controls and manages a suite of advanced exploration assets highly prospective for tin and tungsten.
The main focus is on the advanced brown field Aberfoyle tin and tungsten project which includes the adjoining and nearby Lutwyche/Storey's Creek/Royal George and Great Pyramid deposits.
For more information go to www.tntmines.com.au.
It is the Group’s objective to establish a substantial resource base in Papua New Guinea and Australia and develop a successful and profitable mining operation.
The Company's Corporate Governance Report can be found here.
|21.10.2016||Corporate Governance Statement|
|20.10.2016||Top-Up Placement Raises Additional Funds|
|18.10.2016||Change of Director's Interest Notice|
|14.10.2016||Result of Security Purchase Plan|
|05.10.2016||Edie Creek Gold Intercepts in JORC Resource Drilling Program|
|30.09.2016||Annual Report 2016|
|29.09.2016||Clarification of VWAP calculation|
|20.09.2016||Cleansing Notice under ASIC Order|