News and Announcements
Intermin Resources Receives First Revenue From the Teal Open Pit Gold Mine Worth $3.5 & Reports $4.4m in Cash & Tradable Securities
- Published August 11, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Intermin Resources Limited (ASX:IRC) has recently provided their June 2017 Quarterly Activities Report. Intermin is a gold exploration and development company with a key focus in the Kalgoorlie region of Western Australia.
KEY TAKEAWAYS:
- First revenue received from the Teal open pit gold mine with $3.5 received
- Mill reconciled tonnes and grade to date in line with Reserve model estimates
- $896,000 received from exercise of listed 7.5c options that expired on 30 June 2017
- Completion of Menzies – Goongarrie Joint Venture Agreement with Eastern Goldfields Ltd
- Project evaluation and exploration targeting activity complete
- Joint venture partner Mithrill Resources Limited intersected 30 metres
- Cash and tradable securities of A$4.4m
Intermin is a gold exploration and mining company focused on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia’s richest gold deposits.
Company Updates
The asset class where the market has no vote
Litigation funding returns are decided in a courtroom, not a cycle. Knightsbridge’s Head of Capital is careful to call that a different risk rather than a lower one, and his answer to it is spread, not concentration. Most alternative assets still answer to something. Property answers to rates. Private credit answers to defaults. Even the […]
The listing fee vendors pay whether the house sells or not
Australia’s property portals collect more than $2 billion a year while national listings sit flat. An Australian-built AI platform is targeting the economics, not just the interface. An Australian vendor listing a home pays a vendor-paid advertising fee on top of agency commission. Rama Dwarapudi, Founder and Chief Executive Officer of RealSearch, puts a typical […]
Reinventing the Condom: How an Australian Deep-Tech Startup Plans to Disrupt a $12 Billion Market
For more than half a century, the global condom industry has remained fundamentally unchanged, constrained by standard materials like latex and solid synthetic polymers. Despite widespread consumer demand for better alternatives, product design has treated the device strictly as a mechanical barrier, sacrificing feel for function. Sydney-based Eudaemon Technologies is setting out to upend that […]
Backed By Leading Investment Groups and Family Offices
