Downer
Home!>Directory!>Mining Companies!>Mincor Resources

Mincor Resources

Mincor Resources Sites

Underground MetalsStateStatus

Carnilya HillWAactive
MarinersWAactive
MiitelWAactive
McmahonWAactive
Otter JuanWAactive
WannawayWAactive



During 2000 Mincor bid and won the Miitel Nickel Mine and associated tenements after arranging debt and equity financing of $29 million. The deal was with WMC Resources and was signed on 21 November 2000, by February 2001 the acquisition was complete and just 4 months later Mincor had produced a full year profit before tax of over $4million.

Following in July 2001, the bid for WMC's Wannaway Nickel Mine was won and settlement occurred in September 2001. This making Mincor a two mine company with 10,000 tonnes p/a of nickel production and the second largest nickel sulphide producer in Australia.

Mincor now owns 100% of the Miitel, Mariners and McMahon mines in the Kambalda district as well as numerous other exploration and resource projects.

By the end of 2005 expansion of operations had seen 3 new mines, North Miitel, Mariners and Redross underway with an additional 41,000 tonnes of nickel metal.

Following years saw growth with Carnilya Hill and Otter Juan, both generating surplus of tens of millions of dollars. Today Mincor is a debt free company after 12 years of successful production and paying out dividends to shareholders. Mincor is one of Australia's most successful mining companies.


Click here to claim this listing or remove Ads

Level 1 56 Ord StreetWest Perth WA 6005
Phone: 08 9476 7200 Fax: 08 9321 8994
Website

GET IN TOUCH

Please choose boot

boot
truck
helmet
hammer
spanner
Send Message

Mincor Resources is not advertising Plant for Hire



If this is your company hire click here to update this page

Y Fronts teaser banner MiningLink prefered resume writers Civil Link Banner
Operator Maintainer
Bis Industries requires an Operator Maintainer to join our operations at Karara, this is offered FIFO on 2:1 roster from Perth, come join the team!

Mc Truck Drivers Gunnedah
Bis Industries is seeking MC Drivers commencing at Gunnedah on a Monday to Friday roster and every other Saturday as required.

Mc Drivers Goldfields
Seeking expressions of interest from experienced MC Drivers, in consideration for multiple opportunities across our operations in the Goldfields.

Auto Electrician
Seeking an experienced Auto Electrician for a FIFO role, 2/1 roster ex Perth. Immediate start.

Senior Whse Advisor
Seeking a Senior WHSE Advisor to provide on-site advisory support across the WHSE and Training functions for our operations in the Southwest.

Prelude Arrives In Australia
Shell Australia's Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters this week after its 5,800km journey from the Samsung Heavy Industries shipyard in Geoje, ....

Australia's Largest Testing Rig Unveiled In Rocky
Siemens has invested $5 million into the Rockhampton Service Centre, which unveiled this week, Australia’s largest and most advanced gearbox load test rig for mining, wind power and other core ....

Dinosaur Find At Qld Mine Site
Palaeontologists and volunteers will work over the next month excavating and studying 30,000-year-old dinosaur bones at the South Walker Creek mine in Central Queensland. The team of eight people, ....

Black Thoated Finch Puts New Coal Mine At Risk
The controversial black throated finch is back to cause problems for Adani with a fresh legal challenge over the planned Carmichael coalmine. New advice has found the federal environment ....

Monadelphous Awarded $55M In Contracts
Monadelphous Group Limited announced on Wednesday it has been awarded a number of new work packages with a combined value of approximately $55 million. The engineering company will carry out ....