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Gindalbie Metals Ltd

ASX:GBG ISIN:AU000000GBG5

Gindalbie is well advanced towards achieving its vision of becoming a leading independent Australian iron ore company with a diversified portfolio of magnetite and hematite production assets, located in the Mid West region of Western Australia.

The initial focus of Gindalbie's growth strategy is the Karara Iron Ore Project, located 225km east of Geraldton, where it will deliver initial production of Direct Shipping Ore (DSO) hematite in 2009 to be followed by production of high grade magnetite concentrate and blast furnace quality pellets in 2010. Karara is being developed through a 50:50 Joint Venture with Ansteel, one of China's leading steel and iron ore producers.

Gindalbie's longer term growth will be propelled by the exploration and development of its extensive 1,900 sq km tenement portfolio, which includes numerous prospective magnetite and hematite exploration targets expected to deliver a long-term pipeline of growth opportunities.

  

News

Murchison Metals Limited (ASX:MMX) Announce Oakajee Port And Rail (OPR) Planning 45MTPA Capacity For Foundation Customers

🕔3/18/2010 1:57:09 PM 7148

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce that Oakajee Port & Rail (OPR) is now targeting initial capacity of 45 million tonnes per annum (mtpa) at the new Oakajee Port.

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Australian Market Report of February 2: China's Further Tightening Possible

🕔2/2/2010 9:30:04 AM 14727

The Australian sharemarket extended last week's losing streak as latest report of China's growing manufacturing activity raised fears on a new round of credit tightening by the Chinese government. The S&P/ASX200 fell 45.5 points, or 1 per cent, to 4524.1, while the broader All Ordinaries index today lost 52.1 points, or 1.1 per cent, at 4544.8.

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Australian Market Report of December 3: Strong Metal Prices

🕔12/3/2009 1:00:18 PM 12875

Wall Street declined modestly overnight as bearish analyst comments hurt bank shares. Analysts with UBS predicted the capital market's seasonal slowing could come earlier this year, cutting its fourth-quarter earnings target for Morgan Stanley, JP Morgan and others.

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Australian Market Report of September 10: Wall Street Extended Gaining Streak

🕔9/10/2009 1:00:19 PM 18169

Overnight US stocks rose for a fourth consecutive session led by industrial stocks. But market sentiment were dented after Federal Reserve report showed that consumer spending was still soft and retail sales were flat. The report also said labour market conditions remained weak across all districts.

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Australian Market Report of September 9: Stronger Commodities Prices

🕔9/9/2009 1:00:00 PM 16898

US stocks rose overnight as commodities prices jumped. Kraft Foods' US$16.7 billion takeover bid for Cadbury boosted the market confidence on a rebound in merger and acquisition activities, despite Kraft's offer was rejected.

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Australian Market Report of June 23: Global Economy Outlook Downgraded

🕔6/23/2009 1:00:06 PM 15358

The Australian market closed higher yesterday driven by the news of Xstrata's proposed merger with Anglo-American and NAB's buying Aviva Australia. The benchmark S&P/ASX200 index was up 0.5 per cent, or 18.6 points, at 3918.2, while the broader All Ordinaries index advanced 0.4 per cents, or 16.4 points, at 3910.8.

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Murchison Metals Limited (ASX:MMX) Welcomes A$339 Million In Federal Government Support For The Oakajee Deepwater Port Project

🕔5/13/2009 12:32:56 PM 6067

Murchison Metals Limited (ASX:MMX)(PINK:MUMTF) welcomes the Federal Government's commitment to provide A$339 million in funding for common use infrastructure at the Oakajee deepwater port project.

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Australian Market Report of April 22: Gained on Optimism over Banks

🕔4/22/2009 1:00:57 PM 15840

Yesterday Australian shares fell after Wall Street plummeted on renewed banking fears. The benchmark S&P/ASX200 index plunged 2.4%, or 91.6 points, at 3677.4, while broad-market All Ordinaries index lost 2.4%, or 89.2 points, at 3633.1.

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Australian Market Report of March 20: Investors Digested Recent Rallies

🕔3/20/2009 1:15:02 PM 12790

Yesterday Australian shares closed 1% higher as most sectors surged. The benchmark S&P/ASX200 index rose 33.9 points, at 3480.2 while the All Ordinaries index was up 0.9%, or 30.60 points, at 3416.8. The local mining and energy sectors could be buoyed by the rising gold and oil prices today despite the negative lead from the US.

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Australian Market Report of January 14: Renewed Bleak Outlook

🕔1/14/2009 1:00:25 PM 15258

Yesterday the Australian share market ended lower, led by energy and mining stocks and a fall on a dismal earnings season in the US. The benchmark S&P/ASX200 index was down 0.8%, or 28.7 points, at 3654.6, while the broader All Ordinaries index slid 0.8%, or 30.1 points, to 3593.9. After some rise at the start of the year, the market may see more volatility due to the renewed bleak global outlook.

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Company Data

    Headquarters
  • Level 9, London House
    216 St Georges Terrace Perth
    Western Australia, 6000
  • Telephone
  • 61 8 9480 8700  
  • Fax
  • 61 8 9480 8799 
  • Principal Sector
  • Materials 
  • Principal Industry
  • Mining & Metals 
  • Homepage
  • www.gindalbie.com.au

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