Metals X provide the quarterly report for the period ending June 30, 2014. Significant outputs during the quarter were reported and the executive summary is below. CORPORATE - Metals X completed the acquisition of the Meekatharra Gold Operations during the quarter adding a nominal 2.0 Mtpa CIP production ready process plant and a large gold [...]
The Directors of Metals X have pleasure in announcing the results of our latest Mineral Resource and Ore Reserve statements as at 30th June 2014.Metals X is a diversified miner with interests across several commodities and a large number of individual mineral deposits. In executive summary form, the Consolidated Total Mineral Resource Estimates for [...]
Further to previous announcements, the Board of Metals X is pleased to announce that our wholly owned subsidiary Big Bell Gold Operations Pty Ltd has today completed the acquisition of the assets that made up the Meekatharra Gold Operations of Reed Resources Ltd. from the administrator of its subsidiary GMK Exploration Pty Ltd (GMKE). Metals X will [...]
Further to our previous announcement of 14 May 2014, the Board of Metals X is pleased to advise that the creditors of GMK Exploration have today agreed to the sale of its assets to Big Bell Gold Operations, a wholly owned subsidiary of Metals X Ltd.. In addition, Metals X has received FIRB approval and is now proceeding toward settlement. At the [...]
Metals X provide a presentation addressing their current precious metals project and base metals projects. Below are some of the highlights: 4 Gold Projects + Current Acquisition- Higginsville Gold Operations - in production (ex. Alacer Gold). - South Kalgoorlie Operations - in production (ex. Alacer Gold).- Central Murchison Gold Project [...]
The Board of Metals X is pleased to advise that it has reached a binding agreement to acquire the assets that made up the Meekatharra Gold Operations of Reed Resources from the administrator of its subsidiary GMK Exploration Pty Ltd. The purchase price has a face value of approximately $7.7 million and is made up of:- $7.1 M in cash.- 24 million [...]
Metals X continued to build on its diversified mining portfolio. Strong profits continued to be generated from the gold operations and although the tin operations performed under expectations the operations remained cash positive for the quarter. Strong rises in the nickel price has also brought the spotlight back onto the Wingellina [...]
Metals X advises that it has reached agreement with Morgan Stanley Commodities to restructure the royalty it holds over the Higginsville Gold Operations. The restructured royalty agreement has been agreed by both parties with the shared primary aims of extending the mine life, encouraging new investment and creating the best conditions for the [...]
Metals X MD Peter Cook Presents a Diversified Gold and Base Metals Company at Investorium.tv to sophisticated investors from the Sydney Sky Tower in March 2014.Metals X has two producing gold operations in Western Australia and further development projects in Western Australia (CMGP) and the Northern Territory (Rover). Metals X completed the [...]
The board of Metals X is pleased to advise that its biannual estimate of Mineral Resources and Ore Reserves within its Tin Division has continued to expand the Company's dominance in the Australian tin industry.In particular, an increase of 21.8% in Total Mineral Resource at the 50% owned Renison Mine was achieved. The Total Mineral Resource [...]
Metals X has two producing gold operations in Western Australia and further development projects in Western Australia and the Northern Territory (Rover). Metals X completed the acquisition of Alacer Gold Corp.'s Australian Gold Operations on a going concern basis. Metals X acquired the whole of the Australian Gold Operations through its wholly [...]
Perth, Australia (ABN Newswire) - Metals X (ASX:MLX) Announce the Interim Financial Report for the Half-Year to 31 December 2013 with review and results of operations.The first half of the 2013/2014 financial year witnessed difficult trading conditions with continued depression in market sentiment for smaller resource stocks, sideways to lower [...]
