Monument Mining Limited

Published : November 30th, 2014

Monument Reports First Quarter Fiscal 2015 Results

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  

Monument Reports First Quarter Fiscal 2015 Results

Gold Production of 9,745 Ounces with Cash Cost of $699 /Oz

VANCOUVER , Nov. 30, 2014 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monument" or the "Company" today announced its first quarter financial results for the three months ended September 30, 2014 . All amounts are in thousands of United States dollars unless otherwise indicated (refer to for full financial results).

President and CEO Robert Baldock commented on first quarter fiscal 2015 financial results: "Fiscal 2015 started with the continuing decline in gold price and other metals which is of considerable concern to shareholders and the entire investment market. Under this challenging economic environment, Monument's business strategy works to its advantage: we continue low cash cost gold production at Selinsing by optimizing the plant performance and work to build up sustainable cash flow down the road through R&D work on treating sulphide gold ore materials at Selinsing, resource exploration at Murchison Gold Project and the Malaysia region, work on producing iron and copper at Mengapur and the continued strategic acquisition of mineral resources around the Murchison and Gascoyne regions in Western Australia .

With the sharp decline of the iron ore market and predictions that low iron is here for some years to come due to oversupply, we have had to re-think our focus on production of iron as a main marketable product and while not abandoning iron, will concentrate and refocus on high grade magnetite and copper.  Our continuing test work and upgrading of the sulphide copper flotation plant will bring opportunity for additional cash flow."

First Quarter Highlights:

  • Gold production of 9,745 ounces ("oz") (Q1 fiscal 2014: 10,515oz);
  • Cash cost per ounce of US$699 /oz (Q1 fiscal 2014: US$503 /oz);
  • Gross Revenue from gold sales of $8.18 million on 6,300oz sold (Q1 fiscal 2014: $16.00 million );
  • Profit margin generated from gold production of $2.10 million (Q1 fiscal 2014: $7.33 million );
  • Ore processed of 253,514 tonnes, increased by 8% compared to Q1 fiscal 2014;
  • Processing recovery rate of 84.4%, increased by 6% compared to Q1 fiscal 2014;
  • Test work at Selinsing for sulphide ore gold recovery;
  • Test work at Mengapur for magnetite and copper recovery continued to progress;
  • Completed initial targeted exploration program at the Murchison Project, commencement of additional drilling;
  • Commenced exploration drilling at the Perangih prospect at Buffalo Reef, Malaysia ; and
  • The Company is in the final stages of assessing the alternative gold recovery process for Phase IV sulfide treatment method for Buffalo Reef.

First Quarter Production and Financial Highlights

Three months ended September 30




Ore mined (tonnes)



Ore processed (tonnes)



Gold production(1) (ounces)



Gold sold (ounces)









Net income before other items



Net and comprehensive income



Cash flows from operations



Working capital excluding derivative liabilities



EPS before other items – basic



EPS – basic






Average realized gold price per ounce sold



Cash cost per ounce(2)










Operations, net of silver recovery



Total cash cost per ounce




Defined as good delivery gold bullion according to London Bullion Market Association ("LBMA"), net of gold doŕe in transit and refinery adjustment


Total cash cost includes production costs such as mining, processing, tailing facility maintenance and camp administration, royalties, and operating costs such as storage, temporary mine production closure, community development cost and property fees, net of by-product credits. Cash cost excludes amortization, depletion, accretion expenses, capital costs, exploration costs and corporate administration costs.

Production Results

Gold production, net of gold doré in transit and refinery adjustment, was 9,745oz (defined as good delivery gold bullion according to the London Bullion Market Association), a 7% reduction compared to 10,515oz in the corresponding period last year mainly due to timing of the gold outturn. Plant throughput from the Selinsing gold processing plant increased by 8% to 253,514t for the quarter (Q1 fiscal 2014: 235,809t) and processed a higher grade of 1.65g/t (Q1 fiscal 2014: 1.56g/t) compared to the corresponding quarter last year. Gold recovery increased by 20% for the quarter to 11,324oz (Q1 fiscal 2014: 9,443oz) and process recovery rate increased 6% to 84.39% (Q1 fiscal 2014: 79.66%) compared to the corresponding period last year, reflecting improved performance of the plant.

Financial Results and Discussion

Gold sales generated $8.18 million for the quarter compared to $16.00 million in the corresponding period last year. The revenue comprised of 6,300oz of gold sold (Q1 fiscal 2014: 12,238oz) for the quarter and at September 30, 2014 , the Company had gold inventory on hand of 3,482oz. The decrease in revenue was mainly due to the lower average realized gold price of $1,298 per ounce (Average London Fix PM: $1,282 ) for the first quarter of fiscal 2015 than $1,308 per ounce from the same period of fiscal 2014 (Average London Fix PM: $1,326 ), and timing of gold sales and outturn. The price of gold is a significant factor affecting the Company's profitability and operating cash flows.

The cash cost per ounce of gold sold for the quarter was $699 per ounce, compared to $503 per ounce in the corresponding period last year. The increase resulted primarily from higher mining and processing costs on a per ounce basis, such as longer distances now required for hauling, higher drill and blast due to mining harder sulphide ore and deeper drilling at Selinsing, the higher quantities of lower grade mill feed containing leachable sulphide or transition ore and the higher costs of consumables.

Net income for the quarter was $1.53 million , or $0.01 per share (basic) in line with the corresponding period last year of $1.74 million or $0.01 per share (basic). The decrease in earnings for the quarter is primarily due to decrease of gross margin, offset by an 81% reduction in corporate costs from $4.6 million in Q1 fiscal 2014 to $0.90 million for the reported quarter.

Cash provided from operating activities for the quarter was $1.65 million compared to $4.35 million for the corresponding period last year. Working capital as at September 30, 2014 was $37.19 million ( September 30, 2013 : $64.10 million ). The change is due to investment and development activities.


As outlined in previous periods, to take advantage of current market conditions, the Company has continued to monitor opportunities for growth through acquisition of mineral resources in Western Australia . Two acquisition transactions were announced during the quarter:

Tuckanarra Gold Project

During the quarter, the Company entered the Tenement Purchase Agreement with Phosphate Australia Limited to acquire a 100% interest in the Tuckanarra Gold Project.  The transaction was closed subsequent to the first quarter ended September 30, 2014 by paying consideration of AUD$2.00 million in cash and 10,000,000 Monument fully paid common shares at a deemed issue price of CAD$0.25 per share. The Tuckanarra Gold Project is approximately 40 kms south west of the Burnakura mill that Monument acquired in February 2014 . Mr. Baldock, President and CEO said: "this acquisition is accretive to Burnakurra where the Company has a mill and existing support infrastructure and is a strategic move to consolidate a larger land position in the prospective Murchison historic gold producing region in WA."

Gascoyne JV Acquisition and Private Placement (the "Proposed Transaction")

The Proposed Transaction was announced on September 4, 2014 pursuant to the Heads of Agreement entered in to by Monument and Gascoyne Resource Limited ("Gascoyne"). It includes the acquisition by Monument of a 50% interest in each of three properties: Dalgaranga, Glenburgh and Mt. Egerton by way of joint venture arrangements (collectively "Gascoyne JV Properties Acquisition"); and a "part and parcel" private placement financing integral to the Gascoyne JV Properties Acquisition to fund exploration and development of the acquired properties, these two transactions must be closed simultaneously. The Proposed Transaction also includes Gascoyne Private Placements that allows both parties to the transaction to have cross shareholding interests up to 19.6% of each other. The closing of the Proposed Transaction is subject to satisfaction of due diligence, the board and regulatory approvals and other precedent conditions including a part and parcel private placement raising $25,000,000 by the issue of 100,000,000 shares at $0.25 per share. 

To initiate the Proposed Transaction, Monument completed the first private placement on September 4, 2014 , by investing AUD$1.0 million in Gascoyne for 4,000,000 Gascoyne ordinary shares at a deemed share price of AUD$0.25 as a part of the commitment pursuant to the Heads of Agreement. This investment has enabled Gascoyne to continue its current exploration work on the joint venture properties while both parties conduct and complete due diligence on the Gascoyne JV Properties Acquisition and part and parcel private placement transaction.

Research and Development

Treatment of Selinsing and Buffalo Reef Sulphide Ore

Ore processed during the first quarter continued with low grade oxide and leachable sulphide material.  Test work was also continued throughout the quarter on treatment of refractory sulphide materials. The Company has engaged additional highly experienced senior metallurgists to carry out parallel studies for several alternatives including a flotation approach to produce gold or gold concentrate, plus a halide leaching and bio-heap leaching approach without flotation, aimed to reduce capital investment.

Oxide Iron and Copper in Area C at the Mengapur Project

The Mengapur Project continues to represent a very significant opportunity for a long term mining asset owned by the Company with downstream commodity products. A preliminary economic assessment study ("PEA" study) was commenced during the prior fiscal year and is planned to be completed in fiscal 2015. The completion of the PEA is subject to and pending approval and issue of the mining lease(s) from Pahang State to Star Destiny Sdn. Bhd., a 100% owned subsidiary of Monument. Management continues its dialogue with the Pahang State authority to advance this process.

During the quarter, the Company completed resource definition drilling for oxide iron materials in the overburden of Area C of the Mengapur Project. Construction of the front end iron magnetic separation and copper flotation circuit to the existing sulphide copper flotation pilot plant was ongoing during the first quarter in order to separate iron from copper. However, the recent dramatic downward trend in iron ore prices and depressed outlook for iron ore has brought copper production into the forefront as a priority.

R&D test work shows there might be potentially economic quantities of recoverable oxide copper ores in the top soils in the same area. During the first quarter the Company initiated study on oxide copper resources in the top soil. Test work also continued on existing sulphide copper materials in the skarn, which offers Monument the opportunity to produce a copper sulphate crystal product utilizing the sulphide copper flotation plant. Subsequent to the first quarter, engineering design work commenced to add additional float cells to the nominal 1,000 tonne per day sulphide copper flotation process pilot plant. Further work on mineable tonnes and grade needs to be completed for Monument to make a decision on an exploitation strategy at Mengapur.     

Exploration Progress

Fiscal 2015 exploration is focused on replacing oxide ore and further studies of regional geological structures to effectively define new targets at Selinsing and Buffalo Reef areas. The first quarter of fiscal 2015 started with two Desco drill rigs completing exploration drilling at the northwestern edge of the Selinsing Pit 6, and sterilization drilling at Buffalo Reef South, then focused on the Perangih prospect and West Panau area along trend from Buffalo Reef North. A total of 19 drill holes were drilled for 1,928m, of which two holes were on-going subsequent to the quarter, and 12 drill holes were logged for a total of 1,242.8m and 1,944 samples were dispatched to SGS-Mengapur laboratory. These will be followed up with further mapping in Perangih, Buffalo South and other areas to support geological interpretation in the following quarter. The Company has engaged Model Earth to conduct geological studies including structural studies and assist in optimization of the drilling program and provide in-house training to staff geologists.

Exploration activities at Murchison during the quarter included the completion of the initial drill program that was designed to validate the historical resource, increase the grade and geological continuity of the mineralization through infill drilling, test for resource extensions and define further exploration targets. The initial program consisted of 102 RC drill holes for 9,340m at Alliance and New Alliance. The first round of drill results were announced on August 28, 2014 and the second round of drill results were announced on November 18, 2014 . During the quarter, the Company also commenced drilling on the Federal City program which consists of 63 RC drill holes for a total 4,058m.

About Monument

Monument Mining Limited (TSX-V:MMY, FSE:D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia . Its experienced management team is committed to growth and is advancing several exploration and development projects including the Mengapur Polymetallic Project, in Pahang State of Malaysia, and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra in the Murchison area of Western Australia . The Company employs over 300 people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.

Robert F. Baldock , President and CEO
Monument Mining Limited
Suite 1580- 1100 Melville Street
Vancouver B.C. Canada V6E 4A6

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Forward-Looking Statement
This news release includes statements containing forward-looking information about Monument, its business and future plans ("forward-looking statements"). Forward-looking statements are statements that involve expectations, plans, objectives or future events that are not historical facts and include the Company's plans with respect to its mineral projects and the timing and results of proposed programs and events referred to in this news release.  Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could cause actual results or achievements to differ materially from those expressed or implied by the forward-looking statements.  These risks and certain other factors include, without limitation: risks related to general business, economic, competitive, geopolitical and social uncertainties; uncertainties regarding the results of current exploration activities; uncertainties in the progress and timing of development activities; foreign operations risks; other risks inherent in the mining industry and other risks described in the management discussion and analysis of the Company and the technical reports on the Company's projects, all of which are available under the profile of the Company on SEDAR at  Material factors and assumptions used to develop forward-looking statements in this news release include:  expectations regarding the estimated cash cost per ounce of gold production and the estimated cash flows which may be generated from the operations, general economic factors and other factors that may be beyond the control of Monument; assumptions and expectations regarding the results of exploration on the Company's projects; assumptions regarding the future price of gold of other minerals; the timing and amount of estimated future production; the expected timing and results of development and exploration activities; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; exchange rates; and all of the factors and assumptions described in the management discussion and analysis of the Company and the technical reports on the Company's projects, all of which are available under the profile of the Company on SEDAR at  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

SOURCE Monument Mining Limited

Read the rest of the article at
Data and Statistics for these countries : Australia | Canada | Malaysia | All
Gold and Silver Prices for these countries : Australia | Canada | Malaysia | All

Monument Mining Limited

ISIN : CA61531Y1051
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy

Monument Mining is a gold producing company based in Canada.

Its main asset in production is SELINSING in Malaysia and its main exploration properties are MENGAPUR and BUFFALO REEF in Malaysia.

Monument Mining is listed in Canada and in Germany. Its market capitalisation is CA$ 38.7 millions as of today (US$ 31.0 millions, € 27.1 millions).

Its stock quote reached its highest recent level on January 21, 2011 at CA$ 0.74, and its lowest recent point on April 09, 2020 at CA$ 0.04.

Monument Mining has 322 720 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
Financings of Monument Mining Limited
2/13/2013Announces Closing of First Tranche of Brokered Private Place...
10/17/2012Announces Private Placement
10/12/2011Announces Private Placement of up to $70=2C000=2C000
8/12/2010Closes $13.0 Million Financing
7/22/2008Closes $38.1 M Private Placement and Convertible Note Financ...
Nominations of Monument Mining Limited
1/8/2014Receives Notice of Nominations for Election of Directors
1/8/2014Receives Notice of Nominations for Election of Directors
10/28/2013Appoints Executive General Manager, Monument Malaysia Group
9/20/2012Appoints Chief Operating Officer
6/29/2012Appoints Gerald Ruth to Board
1/25/2012Grants Share Purchase Options to its Directors
12/21/2011Appoints Graham Dickson as Chairman of the Board
6/9/2010Grants 1,600,000 options to CHF investor relation firm
6/9/2010Engages CHF in Investor Relations and Updates $12 Million Fi...
6/30/2009Appoints New Director
12/17/2008Appoints New Directors and Names George Brazier Chairman of ...
8/25/2008Appoints General Manager and Mine Manager
6/20/2008Appoints AXINO AG to provide Investor Relation Services (Rev...
Financials of Monument Mining Limited
11/29/2013Reports First Quarter Fiscal 2014 Results
5/30/2013Reports Third Quarter Fiscal 2013 Results
6/1/2012=E2??s 2012 Third Quarter Results
3/1/20122012 Second Quarter Results
1/5/2012=E2??s 2012 First Quarter Results
5/30/2011 2011 Third Quarter Results
5/9/2011 Third Quarter Production and Sales Results
3/1/2011 2011 Second Quarter Results
Project news of Monument Mining Limited
5/15/2013Central Australian Phosphate and Monument Mining to Establi...
5/1/2013s Its Interest In Central Australian Phosphate Limited
4/30/2013(Selinsing)s Selinsing and Buffalo Reef Resources
3/19/2013Abandons Earn=2DIn on Mersing Project
10/26/2012Attending Singapore and German Resource Conferences
10/25/2012(Selinsing)to Vigorously Defend Opportunistic Claim Filed Against Seli...
10/9/2012(Mengapur)Signs Harmonization Agreement on Mengapur Project
3/26/2012(Selinsing)Exposes Gold Thieves at Selinsing Gold Mine
2/21/2012(Mengapur)Closes Acquisition of 70% of the Mengapur Polymetalic Projec...
2/2/2012(Mengapur)Receives Final Acceptance from the TSX=2DV to Close the Meng...
12/3/2011(Mengapur)Enters into Definitive Agreement for Acquisition of 70% of ...
9/15/2011Grows Gold Project Pipeline
7/26/2011(Selinsing)Releases Positive Drill Results from Selinsing Property in M...
7/22/2011(Selinsing)to Expand Tailings Storage Facility at Selinsing Gold Mine i...
6/1/2011(Mengapur)Agrees to Acquire a 70% interest in the Mengapur Polymetalic...
3/3/2011(Selinsing)to Increase Gold Production
2/21/2010(Selinsing)Starts Commissioning CIL Circuit While Gravity Circuit is in...
11/4/2009(Selinsing)Pours First Gold From Gravity Circuit
9/1/2009(Selinsing)Obtains Power Connection at the Selinsing Gold Project and
7/20/2009(Selinsing)Commences Open-Pit Mining at the Selinsing Gold Project
2/11/2009(Buffalo Reef)Confirms Amended Plan for Gold Production from Phase I Gravi...
2/2/2009(Buffalo Reef)Releases Drill Results, Selinsing Developments and Director’...
3/7/2008(Buffalo Reef)Releases Positive Drill Results?Phase II Program at Buffalo ...
3/4/2008(Buffalo Reef)Positive Drill Results?Phase II Program at Buffalo Reef
2/7/2008(Buffalo Reef)'s Phase I Drill Program Confirms Previous Drill Results on ...
Corporate news of Monument Mining Limited
7/11/2016Monument Announces Significant Intercepts Assay Results at N...
6/13/2016Monument Collects Judgment and Adds Peter Kestel Personally ...
5/31/2016Monument Reports Third Quarter Fiscal 2016 Results
5/9/2016Monument Announces Not to Proceed with Matala
5/2/2016Monument Withdraws Technical Disclosure regarding Matala Pro...
4/11/2016Monument Announces Significant Intercepts Assay Results at B...
3/24/2016Monument Comments on Unusual Trading Activity
3/23/2016Monument files NI43-101Technical Report for Resource Estimat...
11/30/2015Monument Reports First Quarter Fiscal 2016 Results
11/21/2015Monument Mining Announces Results of Annual General Meeting ...
9/30/2015Monument Commissions Intec Pilot Plant at Selinsing
9/30/2015Monument's Fiscal 2015 Results
9/28/2015Monument Progresses Mine Development at Burnakura Site
8/17/2015Monument Murchison Gold Project Update
8/12/2015Monument Files Amended Technical Report for Murchison Gold P...
7/31/2015Monument Litigation Update
4/2/2015Monument files NI43-101Technical Report for Resource Estimat...
4/2/2015Monument files NI43-101 Technical Report for Resource Estima...
3/23/2015Monument Mining Announces Results of Annual General Meeting ...
3/8/2015Monument Reports Second Quarter Fiscal 2015 Results
2/27/2015Monument Reports Second Quarter Fiscal 2015 Results
2/27/2015Monument Delays Start-up of Iron and Copper Project at Menga...
2/18/2015Monument Announces Mineral Resource on Alliance/New Alliance...
2/16/2015Monument Files Claim Against Summer Empire Sdn. Bhd. and Kes...
2/13/2015Monument Announces Adjournment of Shah Alam High Court Trial...
2/7/2015Monument Issues Shares for Intec Transaction
2/6/2015Monument Issues Shares for Intec Transaction
2/2/2015Monument Secures Intec License to Exploit Sulphide Gold and ...
1/21/2015Monument Update Selinsing Litigation
1/20/2015Monument Update Selinsing Litigation
1/19/2015Monument Announce RC Assay Results from Federal City Drillin...
12/23/2014Monument Announces Termination of Proposed Transaction with ...
12/1/2014Monument Reports First Quarter Fiscal 2015 Results - Gold Pr...
11/30/2014Monument Reports First Quarter Fiscal 2015 Results
11/18/2014Monument Receives Order to Extend Time for Holding Annual Ge...
11/18/2014Monument Announces Second Round of RC Assay Results at Murch...
11/18/2014Extension of Closing Date for Proposed Transaction, 189 KB
11/17/2014Monument Extends Closing Date of Proposed Transaction with G...
11/12/2014Monument Completes Tuckanarra Gold Project Acquisition in We...
11/8/2014Monument to Extend Time for Holding Annual General Meeting
10/27/2014Monument Extends Close Date of Tuckanurra Acquisition
10/20/2014Monument Updates Selinsing Litigation
10/6/2014Monument Updates Selinsing Litigation
9/30/2014Monument's Fiscal 2014 Results
1/28/2014Files Lawsuit Against GoldMet and George Molyviatis to enfor...
1/28/2014Files Lawsuit Against GoldMet and George Molyviatis to enfor...
1/20/2014Warns Shareholders to Be Wary of the Dissident Group Attempt...
5/23/2013(Selinsing)Files Technical Report for Selinsing and Buffalo Reef
5/1/2013Reports Third Quarter Gold Production of 13=2C255 Ounces
4/24/2013Confirms Indicative Non=2DBinding Conditional Proposal to ac...
4/15/2013(Buffalo Reef)Starts Mining and Processing Oxide Materials at Buffalo Reef
4/2/2013Announces Results of Annual General Meeting of Shareholders
3/13/2013President and CEO to Speak at Hong Kong Conference
2/22/2013Settles Legal Disagreement
2/21/2013Welcomes Support from Major Shareholder
2/8/2013Further Comments on GoldMet Disclosure
2/8/2013Comments on GoldMet Disclosure=3A No Agreement Reached
1/17/2013Provides Update to Shareholders
1/11/2013Reports Record Second Quarter Gold Production of 15=2C902 Ou...
11/14/2012Has Engaged Mackie Research Capital Corporation as Financial...
11/10/2012to Extend Time for Holding Annual General Meeting
10/2/2012=E2??s 2012 Annual Results=3A Gross Revenue of $61.7 M with ...
8/24/2012(Mengapur)Confirms Historic Drilling Results at Mengapur Polymetalic P...
8/16/2012(Selinsing)Completed Selinsing Gold Plant Expansion
8/7/2012(Mengapur)Provides Updates on Mengapur Project and Private Placement
7/30/2012=E2??s 2012 Fourth Quarter Production Result
7/24/2012Received $12 Million through Exercise of Stock Purchase Warr...
6/19/2012and PLSB Working Together Harmonizing Oxide Magnetite Iron O...
5/14/2012=E2??s 2012 Third Quarter Production
5/9/2012Announces Senior Management Appointments
4/25/2012to Attend The INVEST 2012 Conference in Stuttgart
1/25/2012=E2??s 2012 Second Quarter Production
1/4/2012Announces Results of Annual and Special General Meeting of S...
12/20/2011Reminds Shareholders to Vote
12/16/2011(Mengapur)Discusses Mengapur Property Iron Ore Production Information
12/15/2011Provides Details of Annual General and Special Meeting
12/13/2011Annual General and Special Meeting Important Reminder
10/26/2011=E2??s 2012 First Quarter Production
9/29/2011=E2??s 2011 Annual Results
8/8/2011=E2??s 2011 Fourth Quarter Production and Sales Results
1/15/2010Fundamental Research Report Update #2
12/21/2009to Raise $12.0 M in Convertible Debenture and Forward Gold S...
9/18/2009to Issue Shares for Debt to Avocet Mining PLC
7/8/2009Moves to New Office
5/13/2009Releases Selinsing Gold Project Update
2/13/2009 Grants Stock Purchase Options to its Key Staff and Consulta...
12/24/2008Amends Selinsing Gold Project Construction Plan
9/24/2008Fundametal Initial Research Report
8/20/2008Announces TSXV’s Acceptance of its Ball Mill Acquisition fro...
8/15/2008Grants Stock Purchase Options to its Directors Officers unde...
8/8/2008Commences Action for Injunction and Damages
7/28/2008Closes Avocet Mill Transaction For Future Plant Upgrade
7/8/2008Acquires Package of Additional Adjacent Land - Update
6/20/2008Notice of Change of Business Address
5/26/2008Acquires Second Mill for Future Production Plant Upgrade
5/13/2008Monument Announces $38.0 M Capital Raising to Commence Plant...
1/21/2008Acquires Package of Additional Adjacent Land
10/25/2007 Q1 Project Development Update
9/13/2007Commences Exploration Program
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
CA$ 0.120
10/11 11:49 -
Prev close Open
0.120 0.120
Low High
0.120 0.120
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
0.080 -  0.145 14.29%
Volume 1 month var.
4,000 -%
24hGold TrendPower© : -40
Produces Gold
Explores for Copper - Gold - Silver
Interactive chart Add to compare
Print Compare Export
Last updated on : 3/19/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
announces expected non-cash impairment
AU$ 7.62-0.13%Trend Power :
Oceana Gold(Au)OGC.AX
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
US$ 7.27-0.68%Trend Power :
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
Reduced Funding Requirement
GBX 0.67+6.35%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+30.00%Trend Power :
Closes Bridge Loan Financing
CA$ 2.13-0.47%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 9.41-3.59%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.22+0.00%Trend Power :
Q A April 2017 Quarterly Report
AU$ 0.24-2.04%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.44-4.64%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 46.69-0.13%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
2nd Quarter Report
AU$ 0.02+0.00%Trend Power :