Ironbark Zinc Ltd. is pleased to update its shareholders with respect to its recently completed capital raise. Highlights Very strongly supported capital raise completed with $4 million in firm commitments received for the issue of 90,909,091 fully paid ordinary shares at $0.044 per share - The Placement price was at a 2% discount to the 5-day VWAP [...]
Highlights US EXIM has issued Ironbark with a Preliminary Project Letter offering up to US$657m in debt funding to cornerstone the development of the Citronen Project Key commercial details of the indicative Term Sheet include : - Loan Amount - up to $657m comprising $485m in US Costs plus $171m in Local Costs; final amount subject to Ironbark [...]
Ironbark Zinc provides the Company's latest presentation. Introduction - Ironbark Zinc is poised to begin the development process at one of the world's largest zinc deposits, the 100% owned Citronen Project. - Citronen, located in Greenland, is adjacent to water and consists of simple, flat and continuous ore zones that form a giant Zinc + Lead [...]
Ironbark Zinc is pleased to announce it has completed a book build for a placement to institutional and sophisticated professional investors to raise up to $6 million at an issue price of $0.062 per share. The Placement will include the issue of up to approximately 96.77 million new shares, pursuant to the Company's capacity with 42,629,401 under [...]
Ironbark Zinc hereby provides an update regarding the development of the world class Citronen zinc project. This is an exciting time for the Company as it progresses toward the major project financing stage of the advanced and high margin, large scale Citronen zinc project at a period of such strong zinc prices. Ironbark is focused on working [...]
Ironbark Zinc advises that during ongoing metallurgical testwork a composite ore sample, see Figure 1 in link below, considered representative of the Beach Zone ore body of mineralisation was assayed, for the first time, for germanium and returned an anomalous result of 24 parts per million . Germanium is known to replace zinc in the sphalerite [...]
Ironbark Zinc advises that Patersons Securities Limited have released a Research Note on the Company. To view a copy of the Research Note. Ironbark Zinc is listed on the Australian Securities Exchange and is seeking to become a base metal mining house. Ironbark has an undrawn US$50M funding facility provided by Glencore to expand its project base [...]
Mr. Kelly Strong has been appointed as a Non-Executive Director on the Board of Ironbark Zinc as a nominee of Nyrstar, one of the world's largest zinc metal producers. Ironbark advises that Mr. Jason Dunning has resigned as a Non-Executive Director of Ironbark as a result of him accepting another role outside of Nyrstar. The Board of Ironbark wish [...]
Ironbark Zinc is pleased to report on its activities for the period ending 30 September 2017 in which the highlight has been the release of the Updated Feasibility Study for the Citronen Zinc-Lead Project (Citronen) which was published on 12 September 2017. The Feasibility Study Update (2017) was based on the original 2013 Feasibility Study but has [...]
The Directors present their report on Ironbark Zinc and its controlled entities for the financial year ended 30 June 2017. BUSINESS ACTIVITIES The principal achievement was the grant of a 30 year Mining Licence for the Citronen Zinc Project. The Company obtained a 30 year Mining Licence and immediately commenced work on updating the Feasibility [...]
Ironbark Zinc provides the Company's latest Presentation on Feasibility Study. ZINC -THE TIME IS NOW! The world is running out of Zinc - Major mine closures in recent years due to depletion o Century o Brunswick o Perseverance o Lisheen - Yet at the same time demand is growing -forecast at 2.5-3% pa to 14.7Mt zinc over 2017 - The falling [...]
Ironbark Zinc is pleased to provide results from the Feasibility Study Update of Ironbark's 100% owned Citronen Project: NPV8 US $1,034 Million - IRR 36% (35% post tax*) - Capital Cost US $514 Million** - Large Scale Production 3.3Mtpa Mine Rate/Production up to 200,000tpa zinc metal - Site Cost US$0.52/lb Zn (Payable, Net of by-product [...]
