Company News: Australasian Resources
Updated: 07 May 2010
Australasian Resources Limited, through its wholly owned subsidiary International Minerals Pty Ltd, plans to develop the world-class Balmoral South Iron Ore Project in the Pilbara region of Western Australia. The Balmoral Resource is located approximately 80km southwest of the town of Karratha and 30km from a port currently under construction by CITIC Pacific Mining Management Pty Ltd (CPMM) at Cape Preston, as part of the Sino Iron project located next to the Balmoral South Iron Ore Project.
International Minerals Pty Ltd has the right to mine 1 Billion tonnes of magnetite ore from which it plans to produce 12Mtpa of high grade concentrate and pellets over a 25 year span. The company has completed a Feasibility Study on the project and is well advanced in obtaining the relevant approvals for the project.
International Minerals Pty Ltd has the right to mine 1 Billion tonnes of magnetite ore from which it plans to produce 12Mtpa of high grade concentrate and pellets over a 25 year span. The company has completed a Feasibility Study on the project and is well advanced in obtaining the relevant approvals for the project.
Business Category Exploration; Mining
Regions of Operation Australasia
Exchange Ticker ARH
Financial Information
Stock Feed
Exchanges listed on ASX
Share Holders
Market Cap
Shares Issued
Level 4, 5 Mill Street
- Perth
- WA
- 6000
- Australia
Most Recent Company News
- Balmoral South deal - 16 Mar 2012 12:26pm
Australasian Resources Ltd, majority-owned by Mineralogy Pty Ltd, a company controlled by Prof Clive Palmer, has agreed to allow Mineralogy to acquire a 50% interest in its Balmoral South iron-ore project in Western Australia Read more... - Balmoral costs revised - 14 Oct 2011 2:19pm
Australasian Resources Ltd has updated the capital and cash operating costs for the company’s large-scale Balmoral South iron-ore project in Western Australia’s Pilbara region Read more... - Australasian's Balmoral South hopes - 01 Apr 2011 11:52am
Australasian Resources Ltd hopes that a visit by a delegation from Hunan Non-Ferrous Geology Exploration Bureau will help fund and develop the Balmoral South iron-ore project in Western Australia. Read more... - Wang joins Australasian - 13 Aug 2010 11:15am
Australian iron-ore exploration company Australasian Resources Ltd, which is nearing the mine-construction stage at Balmoral South, has appointed Dio Wang as chief executive officer Read more...
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