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North Queensland Metals Limited
News
North Queensland Metals (ASX:NQM) Announce an Inaugural Net Profit for 2007/08 forecast in the range of $0.5 to $1 million and the Pajingo gold mine expected to achieve an annual production rate of 74,000 oz gold in the first half of 2008/09.
North Queensland Metals Limited (ASX: NQM) - To Develop Baal Gammon Copper/Tin/Silver/Indium Mine - Mr John McKinstry, CEO; North Queensland Metals Limited (ASX: NQM) present the following audio webcast regarding "NQM - To Develop Baal Gammon Copper/Tin/Silver/Indium Mine - Mr John McKinstry, CEO". You may also download this audio webcast to your computer or portable audio player.
North Queensland Metals Limited (ASX: NQM) is pleased to announce that the company's 100% owned Baal Gammon copper/tin/silver/indium project in far north Queensland will proceed to development.
North Queensland Metals Limited (ASX: NQM) - Quarterly Activities and Cashflow Report - Mr John McKinstry, CEO; North Queensland Metals Limited (ASX: NQM) present the following audio webcast regarding "NQM - Quarterly Activities and Cashflow Report - Mr John McKinstry, CEO". You may also download this audio webcast to your computer or portable audio player.
North Queensland Metals Limited (ASX: NQM) and its joint venture partner Heemskirk (HSK) completed a Sale and Purchase Agreement with Newmont Australia Pty Ltd (Newmont) on 28 December 2007, whereby NQM as Manager for the JV took control of the Pajingo Gold Mine on 30 December 2007.
North Queensland Metals Limited (ASX: NQM) is pleased to announce the appointment of a General Manager and a Mine Manager to lead the operation and further development of the Pajingo Gold mine near Charters Towers.
North Queensland Metals (ASX: NQM) is pleased to release a Joint Ore Reserve Committee (JORC) compliant Reserve and Resource for the Pajingo Gold Mine totalling 486,000 oz gold. NQM took management control of Pajingo on 30 December 2007 following the acquisition of the mine by NQM and 40% joint venture partner Heemskirk Consolidated Limited.
NORTH QUEENSLAND METALS LIMITED (ASX: NQM) provides the opportunity to listen to an audio broadcast with Mr John McKinstry, CEO in a presentation titled "NQM - Gold Production Target at Pajingo Achieved - Mr John McKinstry, CEO".
North Queensland Metals Limited (ASX: NQM) is pleased to announce the production of 5,314 oz of gold at the Pajingo mine, north Queensland, in February. NQM took management control of Pajingo on 30 December 2007 following the acquisition of the mine by NQM and 40% joint venture partner Heemskirk Consolidated Limited.
North Queensland Metals (ASX: NQM) has today completed all contractual obligations in relation to the acquisition of a 60% interest in the Pajingo gold mine, approved by NQM shareholders on 4 February 2008. $4.4 million has been paid to Newmont Australia Pty Ltd to complete the acquisition for a total consideration of $15 million comprising $9.4 million cash and the balance in NQM shares. NQM effected successful capital raisings of $4.6 million and $7.5 million in December 2007 and February 2008 respectively.
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