Dynasty Metals Australia Limited Company Summary |
Dynasty Metals Australia Ltd (ASX:DMA) is an emerging Australian iron ore exploration company focused on developing its 100%-owned tenements at Prairie Downs in Western Australia's Pilbara region.
In March 2010, Dynasty announced initial JORC-Compliant Inferred Resources of 453 million tonnes of Detrital Channel Iron and 23.3 million tonnes of Marra Mamba Iron Formation.
The 2010 exploration programs are underway and are aimed at further testing and significantly expanding the current resources, as well drilling a large iron-rich basal conglomerate for the first time. The exploration target is more than 1 billion tonnes of iron.
During 2010, Dynasty plans to commence detailed commercial investigations that will cover preliminary mine planning, beneficiation process design, mining and processing costs, transport infrastructure, capital costs, environment and native title clearances, and government approvals. A pre-feasibility study is anticipated to commence in late 2010.
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DIRECTORS / OFFICERS |
Thomas Pickett Chirman
| Lewis Tay Managing Director Lewis Tay received a Bachelor of Applied Science in 1991 and a Graduate Diploma of Applied Finance in 2007. He has being actively involved in commodity trading and equity investment in the mining and resource industry over the last 15 years, during these period, he has established useful business relationships with various large Chinese state owned enterprises . In October 2007, Mr. Tay was responsible for restructuring the Board of Dynasty Metals, and changed the exploration focus to iron ore.
| Bin Wang non-Executive Director
| Mr Michael van Uffelen Company Secretary Mr van Uffelen holds a Bachelor of Commerce degree from the University of Western Australia and is a Chartered Accountant. He has more than 23 years accounting and finance experience gained with major accounting firms, investment banks and public companies, both in Australia and internationally. He is currently runs a specialty consulting firm providing CFO, company secretarial and corporate finance services and is a director of an entity licensed to provide investment advice in Australia.
In addition to his role with Dynasty, Mr van Uffelen is the Chief Financial Officer of Automotive Technology Group Limited.
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COMPANY DATA |
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Headquarters |
Level 2, 35 Havelock Street |
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West Perth WA 6005 |
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Australia |
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Telephone |
+61-8-9426-8999 |
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Fax |
+61-8-9426-8900 |
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Principal Sector |
Mining |
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Principal Industry |
Mining & Metals |
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Homepage |
www.dynastymetals.com.au/ |
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Key Developments: Dynasty Metals Australia Limited
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Dynasty Metals Australia Limited (ASX:DMA) Announces Positive Scoping Study Results for Spearhole Detrital Iron Project DEC 15, 2011 09:49 - Article Views: 485 Dynasty Metals Australia Limited (ASX:DMA) has released the following announcement regarding the positive scoping study results for Spearhole Detrital Iron Project. |
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Dynasty Metals Australia Limited (ASX:DMA) Farm-out Agreement Update NOV 30, 2011 08:22 - Article Views: 514 Further to the announcement on 13th May 2011 that Dynasty Metals Australia Limited (ASX:DMA) ("the Company") had reached a JV agreement with China Coal Geology Engineering Corporation ("CCGEC") for Dynasty to farm-out its non-core base metal tenements, the Company is pleased to advise that CCGEC has received approval from the Foreign Investment Review Board (FIRB) allowing the JV to be able to proceed. Formalities are expected to be completed shortly. |
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Dynasty Metals Australia Limited (ASX:DMA) Announce Board Restructuring SEP 21, 2011 17:59 - Article Views: 783 Following the appointment of Mr Tom Pickett and Mr Bin Wang as directors of the Company at the 2011 AGM, Dynasty Metals Australia Limited (ASX:DMA) is pleased to advise that Mr Pickett has been appointed Non-executive Chairman and Mr Lewis Tay has been appointed Managing Director. |
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Dynasty Metals Australia Limited (ASX:DMA) Beneficiation Testing Confirms 120Mt-167Mt DSO Grade Product Potential at Spearhole AUG 12, 2011 11:48 - Article Views: 793 Following the discovery of 1.4Bt of ironstone gravel detritals within Dynasty Metals Australia Limited's (ASX:DMA) E52/1927 Prairie Downs project, beneficiation testing has been focusing on low cost gravity and magnetic processing without grinding for the 930 Mt inferred resource grading at >27%Fe. Material >6mm has been crushed to under 6mm for the testing. |
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Dynasty Metals Australia Limited (ASX:DMA) Update on 2011 AGM, S249D Notices and Director Nominations JULY 29, 2011 15:47 - Article Views: 945 Dynasty Metals Australia Limited (ASX:DMA) intends to despatch notice on 10 August 2011 to convene the 2011 AGM on 19 September 2011; An independent Chair to be appointed for the 2011 AGM; and Shareholders are able to exercise their constitutional and listing rule right to nominate candidates for directorships at the AGM 30 business days before the AGM. |
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Dynasty Metals Australia Limited (ASX:DMA) Update on Legal Matters and S249D Notice JULY 12, 2011 11:05 - Article Views: 783 Dynasty Metals Australia Limited (ASX:DMA) would like to provide an update on the legal actions challenging the EGM of 21 March 2011 and the purported S249D Notice. |
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Dynasty Metals Australia Limited (ASX:DMA) Letter to Shareholders JUNE 14, 2011 14:00 - Article Views: 726 Dynasty Metals Australia Limited (ASX:DMA) is pleased to provide Letter to Shareholders regarding recent events and achievements. |
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Dynasty Metals Australia Limited (ASX:DMA) Announce Share Placement Raising A$2.3m JUNE 10, 2011 12:31 - Article Views: 743 Dynasty Metals Australia Limited (ASX:DMA) is pleased to announce a placement of 13.5 million shares at 18 cents per share to two China based private investors to raise approximately A$2.3 million. |
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Dynasty Metals Australia Limited (ASX:DMA) Signed Farm-out Agreement For Non-core Base Metal Tenements MAY 13, 2011 10:33 - Article Views: 1,023 Dynasty Metals Australia Limited (ASX:DMA) is pleased to advice it has taken the next steps on its path to focus on its Pilbara iron ore tenements by agreeing a farm-out of its non-core base metal tenements (other than the Irwin River coal seam gas tenements) with China Coal Geology Engineering Corporation. |
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Dynasty Metals Australia Limited (ASX:DMA) Letter To Shareholders APR 8, 2011 14:24 - Article Views: 893 Dynasty Metals Australia Limited (ASX:DMA) release Letter to Shareholders. |
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