| Quarterly Activities Report – June Qtr 2015 | |
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Quarterly Activities Report - June Qtr 2015 | Altura Mining Limited
Highlights:
Lithium
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Following a successful capital raising Altura will now accelerate the undertaking of various studies required for the Feasibility Study process.
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Ravensgate appointed to complete independent resource review.
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Altura continues search for a strategic investment partner to develop the world class Pilgangoora project.
Coal
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During the quarter 104,230 tonnes of coal produced from the Delta Coal mine - Altura share 34,743 tonnes.
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Focus continues on contract negotiations on a reduced cost basis and lower cost mining areas.
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Two further (2) Coal Operating Contracts (COC) awarded by the Philippines Government to Altura's Philippines subsidiary company.
Corporate
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Rights Issue successfully concluded with A$3.04 million raised following strong shareholder support.
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Further funds of A$0.66 million raised through Share Placement.
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Intended Singapore listing process continued with positive results from independent technical reviews.
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Agreement negotiated with ABM Resources NL to sell 90% interest in four (4) tenements in Tanami region of the Northern Territory.
Further details
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Altura Mining Ltd.
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EXPLORATION STAGE |
CODE : AJM.AX |
ISIN : AU000000HDN5 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Altura is a gold and iron development stage company based in Australia. Altura produces gold, iron, tantalum in Australia, develops lithium in Australia, and holds various exploration projects in Australia, in Canada and in Indonesia. Its main asset in production is BALD HILL in Australia, its main asset in development is PILGANGOORA in Australia and its main exploration properties are SHOOBRIDGE, BALD HILL EXTENDED-TEA and YALLABURRA in Australia and TABALONG COAL PROJECT in Indonesia. Altura is listed in Australia. Its market capitalisation is AU$ 33.9 millions as of today (US$ 24.5 millions, € 21.4 millions). Its stock quote reached its lowest recent point on May 01, 2015 at AU$ 0.01, and its highest recent level on January 05, 2018 at AU$ 0.51. Altura has 1 541 280 000 shares outstanding. |