Niuminco Group Limited

ASX:NIU ISIN:AU000000NIU7

Niuminco Group Limited (ASX:NIU), is an Australian-based company, which holds prospective exploration areas and mining leases in Papua New Guinea, through its subsidiaries. The Company has exploration licenses at May River and Bolobip, and mining leases at Edie Creek. The Company operates through three segments, including mineral exploration in Papua New Guinea and Tasmania, and mining operations in Papua New Guinea. It also has an interest in TNT Mines Limited, a tin and tungsten exploration company with assets in Tasmania. The Company holds interest in EL 1441 at May River and EL 1438 at Bolobip. The Edie Creek Project is located in Wau District of Morobe Province, approximately 210 kilometers northwest of Port Moresby and over 120 kilometers south of Lae. The mining leases in the Edie Creek Project cover over 3.92 square kilometers. The Bolobip site is located over 300 kilometers west of Mount Hagen and approximately 50 kilometers east of Tabubil in the Western Province of Papua New Guinea.  
 
    

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Asian Activities Report for August 31, 2011: Carbine Resources (ASX:CRB) Report High Grade Gold Results from Madougou Project in Burkina Faso

🕔8/31/2011 12:01:26 PM 12204

Asian Activities Report for August 31, 2011 includes: Carbine Resources Limited (ASX:CRB) reported additional high grade assay results from the Nimbo Prospect within the Madougou Project in Burkina Faso; Uranium Equities Limited (ASX:UEQ) says today that Cameco Corporation (NYSE:CCJ) has purchased the Founders' 10% interest in the PhosEnergy Process for US$4.5 million and Uranium Equities has a 6-month option to purchase 30% of this interest from Cameco; AusQuest Limited (ASX:AQD) has received further highly anomalous silver results from the emerging Phaco Prospect at its Comoe Joint Venture in Burkina Faso; Niuminco Group Limited (ASX:NIU) re-listed on the ASX yesterday after successfully finalised a A$12 million capital raising.

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Company Data

    Headquarters
  • Suite 50,14 Narabang Way
    Belrose NSW 2085
    Australia
  • Telephone
  • +61-2-9450-0828 
  • Principal Sector
  • Mining 
  • Principal Industry
  • Mining & Metals 
  • Homepage
  • www.niuminco.com.au
  • E:
  • info@niuminco.com.au