Who owns de GREY mining?
General Public Ownership The general public holds a 38% stake in De Grey Mining. While this group can’t necessarily call the shots, it can certainly have a real influence on how the company is run.
Is De GREY Mining sold?
The overall consensus recommendation for De Grey Mining is Buy. You can view the full broker recommendation list by unlocking its StockReport.
What is Hemi gold?
The Hemi discovery is an intrusion-hosted form of gold mineralisation new to the Pilbara region and shows a scale of mineralisation not previously encountered in the Mallina Basin. Gold mineralisation at Hemi is hosted in a series of intrusions associated with stringer and disseminated sulphide rich zones.
What does De GREY mining do?
De Grey Mining Limited (ASX: DEG) is a Western Australia-based mining company engaged in gold exploration and development activities. The Company’s primary focus is the 100% owned Mallina Gold Project in the Pilbara region of WA.
What is a Tier 1 gold producer?
Tier 1 deposits are “Company making” mines. They are large, long life and low cost. Using long run commodity prices it generates >$300-600m pa of revenue (i.e. >200 kt pa Cu or >800 kt pa Zn+Pb or >5kt pa of U3O8 or >250 koz pa Au) for >20 years and is in the bottom quartile of the cost curve.
What is a Tier 3 mining company?
Tier 3 deposits are small / marginal deposits (most deposits found fall into this category) While they can be profitable – at best they don’t meet more than one of the Tier 1 criteria.
What is a Tier 2 mining company?
Tier 2 deposits are “Significant” deposits – but are not quite as large or long life or as profitable as Tier 1 deposits. I.e., it only meets some of the Tier 1 criteria.
What does kt stand for in mining?
kt is an abbreviation for thousands of tonnes (metric) or tons (imperial). kt/y is an abbreviation for thousands of ton(ne)s per year.
Who is Dede grey Mining Limited?
De Grey Mining Limited (ASX: DEG) (De Grey or the Company) is a Western Australian gold explorer and project developer which has made one of Australia’s most exciting new gold discoveries at Hemi in the Pilbara. The Company listed on the ASX in 2002 as a multi-commodity explorer and has had a presence in the WA Pilbara region since inception.
What is de Grey doing in WA?
The Company’s activities are focussed on the 100% owned Mallina Gold Project in the Pilbara region of WA. Here De Grey has made a large scale, high value, near surface gold discovery at an area called Hemi. The Hemi discovery is rapidly moving towards De Grey’s goal of defining a Tier 1 project with true district-scale potential.
Where has de Grey made a large scale gold discovery?
Here De Grey has made a large scale, high value, near surface gold discovery at an area called Hemi. The Hemi discovery is rapidly moving towards De Grey’s goal of defining a Tier 1 project with true district-scale potential. Mineralisation in the Hemi area has been identified over a large area, with a 6.8Moz mineral resource.
Why invest in Dede grey’s Pilbara gold project?
De Grey’s Pilbara Gold Project is located approx. 60km south of Port Hedland in the Pilbara Region of Western Australia. The project’s main focus is on the exploration and development of gold, however, also plays host to base and metal resources; inclusive of substantial lithium deposits.