National Pump and energy
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 spanner

boot
spanner
helmet
hammer
truck
Send Message

We are waiting for images from Mincor Resources

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
Underground Auto Electrician
Underground Auto Electrician Competitive Hourly Rates! Temp-to-Perm Opportunity 2/1 & Even-time Rosters Due to continued growth & future opportunities, our clients is expanding their team and are currently seeking Auto Electricians with experience in underground operat

Csa Auto Electrician
Downer Mining seeking experienced underground Auto Electricians for a hardrock project in NSW - Immediate start - 7/7 even time roster - Camp accommodation - Flights or travel allowance

Chefqualifiedfull Time
Morris Corporation currently has an opportunity for a Qualified Chef who is looking for the following; - Work life balance on a 2;1 roster - Full-time role

Chefqualifiedfull Time
Morris Corporation currently has an opportunity for a Qualified Chef who is looking for the following; - Work life balance on a 2;1 roster - Full-time role

Chefqualifiedfull Time
Morris Corporation currently has an opportunity for a Qualified Chef who is looking for the following; - Work life balance on a 2;1 roster - Full-time role

Regional Cities Show Resilience After Mining Boom Goes Bust, Productivity Commission Report Says
Benefits from the mining boom are still being felt in regional areas despite the prolonged downturn, according to a report from the Productivity Commission. Read Full Story Here

Byron Shire Council Rejects Westpac On Adani Mine
Byron Shire Council has upped the pressure on Westpac over any potential funding of the Adani mine by voting to withdraw the $1 million it has with the bank. Read Full Story Here

US Oil Giant Chevron Faces $300 Million Tax Bill After ATO Court Victory
US oil and gas giant Chevron faces one of the largest tax bills in Australian history after failing to overturn a Federal Court judgement being pursued by the Australian Tax Office. Read Full ....

Adani Faces NAIF Threat
A fossil fuels policy being pushed by an internal lobby group in the Labor Party has raised questions about what it might mean for major projects in North Queensland, such as a rail line to ....

Argentina Looks To Strengthen Trade Relationship With Australia Argentina Looks To Strengthen Trade Relationship With Australia
Relationships between Argentina and Australia appear to be strengthening under the new Argentine government. This year alone, representatives from Argentina have made more official visits to this ....