Annuncio • Apr 02
Clara Resources Australia Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.1 million. Clara Resources Australia Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 250,000,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00028
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00028
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Mar 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.4m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Shareholders have been substantially diluted in the past year (276% increase in shares outstanding). Revenue is less than US$1m (AU$85k revenue, or US$59k). Market cap is less than US$10m (AU$5.51m market cap, or US$3.87m). Recent Insider Transactions • Dec 06
CEO, MD & Director recently bought AU$55k worth of stock On the 4th of December, Pier Westerhuis bought around 18m shares on-market at roughly AU$0.003 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pier has been a buyer over the last 12 months, purchasing a net total of AU$56k worth in shares. Annuncio • Nov 14
Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.272443 million. Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.272443 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 424,147,527
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00021
Transaction Features: Rights Offering Annuncio • Oct 21
Clara Resources Australia Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.272443 million. Clara Resources Australia Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.272443 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 424,147,527
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00021
Transaction Features: Rights Offering Annuncio • Oct 01
Clara Resources Australia Ltd, Annual General Meeting, Nov 12, 2025 Clara Resources Australia Ltd, Annual General Meeting, Nov 12, 2025. Location: brisbane, Australia New Risk • Sep 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (197% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$2.23m market cap, or US$1.46m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Annuncio • Aug 18
Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.6 million. Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 76,666,667
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 123,333,333
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Transaction Features: Subsequent Direct Listing Annuncio • Jun 16
Clara Resources Australia Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.6 million. Clara Resources Australia Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 76,666,667
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 123,333,333
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Transaction Features: Subsequent Direct Listing Annuncio • Apr 03
Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.325432 million. Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.325432 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 70,000,000
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00042
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 125,251,406
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00042
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,250,346
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00042
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,403,555
Price\Range: AUD 0.006
Discount Per Security: AUD 0.00042
Transaction Features: Rights Offering; Subsequent Direct Listing Annuncio • Mar 11
Clara Resources Australia Limited Announces Resignation of Mr. Nick Mather as Director Clara Resources Australia Limited advised that Mr. Nick Mather has resigned as Director of Clara, effective immediately. The Board of Clara thanks Mr. Mather for his service to the Company. Mr. Mather has been a non-executive director since December 2006, a period of significant change in the Company. Annuncio • Mar 10
Clara Resources Australia Ltd Announces Resignation of Brian Moller as Director Clara Resources Australia Ltd. announced that Mr. Brian Moller has resigned as Director of Clara, effective immediately. Mr. Moller was the founding chairman, and lead the Company through the IPO and several corporate transactions, including the acquisition of the Ashford Coal project. Annuncio • Jan 22
Clara Resources Australia Ltd Receive a Notice from Peter Fitzgerald On January 21, 2025, Clara Resources Australia Ltd announced that it had received a notice from Peter Fitzgerald, Helen Fitzgerald and Alber Alloo as joint shareholders of the Company as trustees of Tawny Tussock Trust under Section 249D of the Corporations Act and requests the Company to call and arrange to hold a general meeting of the Company to consider resolutions as Nicholas Mather and Brian Moller be removed as a Director of the Company. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 45% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (45% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$1.64m market cap, or US$1.02m). New Risk • Jan 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$1.51m market cap, or US$936.3k). Minor Risk Shareholders have been diluted in the past year (45% increase in shares outstanding). Annuncio • Dec 18
Clara Resources Australia Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.11 million. Clara Resources Australia Ltd has filed a Follow-on Equity Offering in the amount of AUD 2.11 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 70,000,000
Price\Range: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 153,333,333
Price\Range: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 128,333,333
Price\Range: AUD 0.006
Transaction Features: Rights Offering; Subsequent Direct Listing Annuncio • Dec 16
Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.313588 million. Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.313588 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,707,447
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,651,400
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Rights Offering Annuncio • Nov 29
Clara Resources Limited Announces Executive Changes Clara Resources Limited announced the resignation of John Haley, Company Secretary, effective 30 November 2024. The Company has appointed Mr. Peter Harding-Smith as Company Secretary effective from 1 December 2024. Mr. Harding-Smith is an experienced Company Secretary and Chief Financial Officer in the public company space. He is currently CFO/CoSec for ASX-listed Greenvale Resources Ltd. and Litchfield Minerals Ltd. Annuncio • Oct 11
Clara Resources Australia Ltd Announces Board Changes Clara Resources Australia Ltd. announced changes to the membership and roles on the Board of Directors. The appointment of Non-Executive Director Mr. Richard Willson as Independent, Non-Executive Chairman of the Board, with immediate effect. Mr. Brian Moller will step down as Chairman and remain as Non-Executive Director, with immediate effect. The appointment of CEO Peter Westerhuis to the board as Managing Director of Clara, with immediate effect. The appointment of Mr. Alexander Fitzgerald as Non-Executive Director. Mr. Fitzgerald is the Principal of Yarranabbe Capital, a Dunedin (NZ) based investment company. Yarranabbe was introduced to Clara earlier this year when assisting with financial solutions enabling the completion of the Renison Coal acquisition. Mr. Fitzgerald's appointment to the board will follow his completion of the requisite Australian public company Director' registration. Mr. Willson is an experienced, Non-Executive Director, Company Secretary and CFO with more than 20 years' experience predominantly within the mining, technology and agricultural sectors for both publicly listed and private companies. Richard is a Non-Executive Director of Titomic Limited (ASX:TTT), Clara Resources Limited, Orpheus Uranium Limited, MedTEC Holdings Limited, and Unity Housing Company Ltd; and Company Secretary of a number of ASX Listed Companies. Richard is the Chairman of the Audit Committee of Titomic Limited, Clara Resources Limited, and Unity Housing Company, and is the Chairman of the Remuneration & Nomination Committee of Titomic Limited. He has previously been Chairman, Non-Executive Director, and Company Secretary of numerous ASX listed companies. Peter is a very experienced mining executive with strategic, operational, commercial and corporate experience in Australia and internationally. For the last 20 years Peter has held senior executive roles, principally focused on resource development, operations turnarounds and business growth. Previously Peter was CEO of Batchfire Resources, who own and operate the Callide Mine in Central Queensland and CEO of Ensham Resources, who own and operate the Ensham open-cut and underground coal mines in Central Queensland. Peter has also consulted extensively for mining companies in Australia, PNG, South Africa and Chile. Peter is currently Non-Executive Chair of Bathurst Resources Ltd., New Zealand's largest coal producer and exporter. Mr. Fitzgerald is a director of Yarranabbe Capital, a deep value fund and family office. Yarranabbe invests across natural resource equities, credit and private equity. Under Mr. Fitzgerald's management net assets have grown at 18.9% rate of return. Previously Mr. Fitzgerald held investment management & corporate finance roles at Myer Family Co & The Foodco Group. With 10 years' experience in funds and family office management Mr. Fitzgerald has a track record of unlocking shareholder value via active company engagement. Annuncio • Sep 03
Clara Resources Australia Ltd, Annual General Meeting, Nov 13, 2024 Clara Resources Australia Ltd, Annual General Meeting, Nov 13, 2024. Annuncio • Aug 28
Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.62 million. Clara Resources Australia Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.62 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.012
Discount Per Security: AUD 0.00072
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,666,667
Price\Range: AUD 0.012
Discount Per Security: AUD 0.00072
Transaction Features: Subsequent Direct Listing Annuncio • Jul 17
Clara Resources Australia Ltd (ASX:C7A) completed the acquisition of remaining 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG). Clara Resources Australia Ltd (ASX:C7A) agreed to acquire remaining 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG) for a consideration of AUD 4.1 million on February 14, 2024. The definitive agreement has been signed on May 3, 2024. Prior to the transaction, Clara Resources Australia Ltd (ASX:C7A) held 40% in Renison Coal Pty Ltd. The consideration consists of AUD 3.06 million in cash, AUD 0.8 million as earnout payment and 11.1 million Clara Shares. The transaction is subject to the approval of Clara Resources Australia Ltd shareholders. The transaction is expected to close on April 30, 2024. As of April 4, 2024, the transaction has been approved by shareholders of Clara Resources. As on July 2, 2024 The expected completion date has been extended to July 10, 2024 and consideration of AUD 4.26 million in cash has to be paid and Clara Resources Australia Ltd to issue 11.1 million shares to Savannah Goldfields Limited. As on July 11, 2024 the expected completion date has been extended to July 16, 2024.
Clara Resources Australia Ltd (ASX:C7A) completed the acquisition of remaining 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG) on July 17, 2024. Annuncio • Apr 20
Spero Mining Pty Ltd acquired Granville Tin Project from Clara Resources Australia Ltd (ASX:C7A). Spero Mining Pty Ltd executed binding term sheet to acquire Granville Tin Project from Clara Resources Australia Ltd (ASX:C7A) for AUD 0.02 million on March 26, 2024. The sale was completed for 0.02 million, of which AUD 0.05 million been paid with the balance payable at settlement. The transaction is subject to the obtainment of regulatory approval. The deal is expected to complete on April 17, 2024.Spero Mining Pty Ltd completed the acquisition of Granville Tin Project from Clara Resources Australia Ltd (ASX:C7A) on April 18, 2024. Annuncio • Mar 26
An undisclosed buyer agreed to acquire Tenstar Mining Pty Ltd for AUD 0.02 million. Spero Mining Pty Ltd agreed to acquire Tenstar Mining Pty Ltd from Clara Resources Australia Ltd (ASX:C7A) for AUD 0.02 million on March 26, 2024. The transaction is subject to regulatory approval. Annuncio • Feb 16
Clara Resources Australia Ltd (ASX:C7A) agreed to acquire 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG) for a consideration of A$ Clara Resources Australia Ltd (ASX:C7A) agreed to acquire 60% stake in Renison Coal Pty Ltd from Savannah Goldfields Limited (ASX:SVG) for a consideration of AUD on February 15, 2024. Prior to the transaction, Clara Resources Australia Ltd (ASX:C7A) held 40% in Renison Coal Pty Ltd. The consideration consists of AUD2.375 million in cash, AUD1.485 million as earnout payment and 11.1 million Clara Shares. The transaction is subject to the approval of Clara Resources Australia Ltd shareholders. The transaction is expected to close on April 30, 2024. New Risk • Jan 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.6m free cash flow). Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m (AU$28k revenue, or US$18k). Market cap is less than US$10m (AU$2.27m market cap, or US$1.49m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (33% increase in shares outstanding). Annuncio • Nov 01
Clara Resources Australia Ltd Announces Resignation of Non-Executive Director, Brad Gordon, Effective from 31 October 2023 Clara Resources Australia Ltd. announces of the resignation of Non-Executive Director Mr. Brad Gordon, effective from 31 October 2023. Annuncio • Sep 26
Clara Resources Australia Ltd, Annual General Meeting, Nov 27, 2023 Clara Resources Australia Ltd, Annual General Meeting, Nov 27, 2023. New Risk • Sep 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.6m free cash flow). Earnings have declined by 31% per year over the past 5 years. Revenue is less than US$1m (AU$28k revenue, or US$18k). Market cap is less than US$10m (AU$5.29m market cap, or US$3.41m). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding). New Risk • Jun 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.8m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (AU$5.0k revenue, or US$3.4k). Market cap is less than US$10m (AU$7.96m market cap, or US$5.35m). Minor Risk Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Brad Gordon was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Sep 13
Aus Tin Mining Limited, Annual General Meeting, Nov 24, 2022 Aus Tin Mining Limited, Annual General Meeting, Nov 24, 2022. Annuncio • May 10
Aus Tin Mining Limited Appoints Peter Westerhuis as Chief Executive Officer, Effective from 17 May 2022 Aus Tin Mining Limited announced the appointment of experienced mining executive Peter Westerhuis as Chief Executive Officer, effective from 17 May 2022. Mr. Westerhuis will spearhead the initiatives and work programs to develop the Company's Australian coal and base metal projects. Mr. Westerhuis is currently non-executive Chairman of Bathurst Resources Ltd, New Zealand's largest coal producer & exporter. Mr. Westerhuis has also consulted extensively for mining companies in Australia, PNG, South Africa and Chile. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Brad Gordon was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 11
First Tin Ltd. completed the acquisition of Taronga Mines Limited from Aus Tin Mining Limited (ASX:ANW). First Tin Ltd. signed sale and purchase agreement to acquire Taronga Mines Limited from Aus Tin Mining Limited (ASX:ANW) for AUD 32.9 million on November 7, 2021. The consideration consists of 60 million First Tin shares, subject to an escrow period of 12 months and cash of AUD 1.35 million. In addition to share consideration, Aus Tin will be granted one Board seat provided its shares in First Tin continue to represent more than 10% of First Tin. Nicholas Mather is expected to fill that position. A Services Agreement with Robert Kidd (Interim Chief Executive Officer of Aus Tin) will be executed to appoint him as the Project Manager of the Taronga Project on completion of the deal. The transaction is subject to number of conditions including; and (a) The approval of Aus Tin shareholders (shareholder approval); and (b) First Tin completing its capital raising. The transaction is expected to complete on April 8, 2022.
First Tin Ltd. completed the acquisition of Taronga Mines Limited from Aus Tin Mining Limited (ASX:ANW) on April 11, 2022. Annuncio • Dec 23
Aus Tin Mining Limited (ASX:ANW) acquired Granville Tin Mine in Tasmania. Aus Tin Mining Limited (ASX:ANW) acquired Granville Tin Mine in Tasmania in December 2015.
Aus Tin Mining Limited (ASX:ANW) completed the acquisition of Granville Tin Mine in Tasmania in December 2015. Annuncio • Feb 24
Aus Tin Mining Limited to Provides the Market with an Update in Relation to Its Tin Projects; the Large Taronga Project in Northern New South Wales and the Granville Project in Tasmania The Board of Directors of Aus Tin Mining Limited to provide the market with an update in relation to its tin projects; the large Taronga project in northern New South Wales and the Granville Project in Tasmania. Strong tin price drives Tin Project Portfolio reassessment; Bulk sample program planned to determine grade enhancement at Taronga; Crushing and beneficiation studies to enhance recoveries and reduce Operating Expenditure (OPEX) and Capital Expenditure (CAPEX) at Taronga; Financing strategies under review for Taronga; Copper and silver reappraisal at Taronga and surrounding region. The tin price has performed strongly over the last ten months climbing by over 100% from a low of less than USD 14,000 (AUD 21,200) per tonne in April 2020 to a recent high on 20 February 2021 of USD 29,349 (AUD 37,150) per tonne. This re-rating of the price is believed to be due to global supply shortages as global economies are stimulated by growth programs coming out of a global pandemic. It is also considered that further severe supply shortages may continue following a reduction in production in Myanmar which had previously been a major producer. In the light of this exceptionally strong tin price performance and opportunity to improve recoveries, lower capital and operating costs, and copper and silver evaluation at Taronga, the Company is reappraising its two tin projects and the Board is pleased to provide the following update. The Granville Tin Project has been on care and maintenance for almost 18 months during which period the Company has received a number of preliminary enquiries in relation to the Project. In view of the increased interest in tin, the Company has successfully secured exploration licence EL9-2019 surrounding the Granville mine and treatment plant in order to broaden the overall project footprint and allow for exploration upside. This exploration licence is considered to be highly prospective for tin, and will consolidate the Company's interest in the area as the Board of Directors reconsiders its options with respect to the Project and the existing production facility at Granville. The Taronga Tin Project is located 8 kilometres north west of Emmaville in northern New South Wales within the Vegetable Creek Tin Field. The area has historical production of 89,000 tonnes of predominantly high quality coarse alluvial tin. Importantly, the source of the majority of this alluvial tin is suspected to be hard rock ore deposits in the district of a similar type to, and including, Aus Tin's 100% owned Taronga deposit. Aus Tin not only has tenements over the 57,000 tonne contained tin resource at Taronga but also similar sheeted vein systems at prospects such as Great Britain, Poverty Point, Pound Flat and McDonalds which have been under-explored to date and have the potential to add resources to the Taronga Project. The key to unlocking the potential of all these areas is to successfully develop the Taronga Project. Annuncio • Jan 26
Aus Tin Mining Limited Announces Successful Completion of Initial High Pressure Grinding Roll Test Work on Taronga Ore During December 2020, Aus Tin Mining Limited concluded test work on Taronga ore at the ALS Metallurgy laboratory in Perth. The Taronga test sample, which was obtained from the surface outcrop of the Northern Ore Zone, was initially crushed to 100% passing 32mm by conventional crushing, then crushed in one pass by a High Pressure Grinding Roll (HPGR). The purpose of the test work was to determine if Taronga ore could be successfully upgraded after being crushed through a HPGR. The company reported that initial test results are highly encouraging. The test was commissioned to determine whether the HPGR, which promotes crack propagation, could be utilized to crack the Taronga rocks along the fracture planes which contain approximately 90% of the tin in the ore. Further, it was expected that tin crystals exposed by the "cracking" would then be dislodged, making the tin available for conventional gravity separation, with: the finer fraction containing the enhanced tin values treated further. the remaining rock (coarser fraction) containing low tin values retained for further study into the potential recoverability of by products such as silver and copper, both of which are present in the Taronga ore. Results are best illustrated in the graph below. The results of this testing process indicate the tin bearing minerals preferentially crushed finer in the HPGR relative to the host rock, with a large upgrade in the - 1.00mm fraction. This resulted in a large shift of tin minerals being distributed into the fines relative to the mass distribution. The benefits of treating the Taronga ore in this way are twofold: After the HPGR treatment, most of the contained tin (in this test, 62% of the tin) is found in a much smaller percentage of the original mass (in this test, 29% of the mass). Potentially this has important implications for the operational and capital costs associated with ore processing. The project will only be required to treat a much smaller percentage of the original mass. The project also benefits because the fraction that contains most of the tin is the -1mm fraction. Subsequent work by the laboratory in Perth proved that this fraction is amenable to tin recovery by gravity means. In a normal hard rock treatment plant, the crushing stage only reduces the ore size to -10mm to -15mm. The crushing stage is then followed by a grinding stage which reduces the ore further to liberate the valuable mineral, so that it can be recovered. In this case, the HPGR has done most of this work before the grinding stage, substantially reducing the overall capital cost of the treatment plant as well as reducing the operating cost profile. The company is keenly anticipating the results of planned HPGR optimization studies which are expected to further enhance the economics of the process. Annuncio • Dec 17
Aus Tin Mining Limited, Annual General Meeting, Jan 29, 2021 Aus Tin Mining Limited, Annual General Meeting, Jan 29, 2021. Annuncio • Nov 16
Aus Tin Mining Limited Announces Resignation of Peter Williams as Chief Executive Officer The Directors of Aus Tin Mining Limited announced that the Company's CEO Mr. Peter Williams has resigned with immediate effect. The Company's Chief Executive Officer, Peter Williams, has tendered his resignation effective immediately. Annuncio • Nov 10
Aus Tin Mining Limited Announces Management Changes The Board of Aus Tin Mining Limited announced that Mr. Priy Jayasuriya has resigned by mutual agreement as Chief Financial Officer of the Company, effective immediately. The Company has commenced a review of its management structure and has appointed Mr. Karl Schlobohm as its interim Chief Financial Officer to provide continuity until the review has been completed. Mr. Schlobohm is a qualified Chartered Accountant who has been the Company Secretary of Aus Tin since 2009, and has previously acted as the Company's CFO. Annuncio • Nov 05
Aus Tin Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 3.051996 million. Aus Tin Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 3.051996 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,051,996,286
Price\Range: AUD 0.001
Transaction Features: Rights Offering Annuncio • Aug 01
Aus Tin Mining Limited (ASX:ANW) signed a binding term sheet to acquire 40% interest in Ashford Coking Coal Project Located in northern New South Wales from Renison Coal Pty Ltd. Aus Tin Mining Limited (ASX:ANW) signed a binding term sheet to acquire 40% interest in Ashford Coking Coal Project Located in northern New South Wales from Renison Coal Pty Ltd on July 31, 2020. Aus Tin Mining Limited signed a binding term sheet to acquire 100% interest in Ashford Coking Coal Project in two stages, in 1st stage Aus Tin Mining will acquire 40% interest by issuing 20% stake in enlarged share capital of Aus Tin Mining and 2nd stage for remaining 60% interest, for AUD 7 million, comprised of AUD 2 million in cash and AUD 5 million in shares or cash at the election of Aus Tin Mining, plus an ongoing royalty payable to Laneway of AUD 0.50 per tonne of coal sold from the Ashford Project. The 2nd stage option must be exercised before the third anniversary of the date on which the Stage 1 acquisition is completed. Based upon the proposed capital raisings and debt for equity conversions to be undertaken by Aus Tin, Laneway expects to receive approximately 2 billion Aus Tin (ASX:ANW) shares with respect to the sale of the initial interest in the project. As and from the Stage 1 Completion, Laneway will be entitled to nominate two directors to the board of Aus Tin Mining. The transaction is subject to legal, financial and technical due diligence, strengthening of Aus Tin Mining’s minimum balance sheet comprising a rights issues to raise a minimum of $1.2 million in cash to fund exploration, development and corporate costs and the conversion of a minimum of $1.66 million worth of debt into equity, subject to existing placement capacity and where necessary shareholder approval, any necessary shareholder or regulatory approvals and entry into formal transaction documentation. The transaction is expected to close on October 31, 2020.