Pima Mining NL

Pima Mining are a small exploration company with definite interests in uranium. It's main uranium project is Lake Torrens, in the area directly next to Olympic Dam, SA. Pima are searching for massive "Olympic Dam"-type mineral deposits containing copper-uranium-gold. They have found a large areal magnetic anomaly within Lake Torrens and are now actively drilling the prospect. Initial results have failed to interesect mineralisation. A large part of the exploration lease has been surrendered, and efforts are being maintained to continue exploration drilling in a Joint Venture which was recently established with Billiton and Minotaur Gold, who together can earn 75-90% on the project.

Pima have recently been increasing their commitment to a major magnesium mining and metal project near Roxby, mining ore in the Willouran Ranges and processing it at a processing and refining plant in Port Augusta. The project - SAMAG Ltd - is hailed as a major project and economic boom for the Gulf region of SA - this is despite the fact that Roxby was hailed in similar platitudes that have fallen miserably short.

Directors :Patrick J D Elliott (Chair), Cedric M Horn (Managing Director), Rhoderic C Whyte, Richard C F Tiley
Contacts :M Level, 210 George St, Sydney, NSW 2000
Ph (02) 9252 1505
Website :http://www.pima.com.au/
Email :pima@pima.com.au
Banking Services :Westpac Banking Corporation
ASX Codes :Shares - FTU (Home Exchange - Perth, WA)
Annual Report :Request by Email
Share Registry :Corporate Registry Services Pty Ltd, Level 11, 115 Grenfell St, Adelaide, SA 5000
Uranium Prospects :
  • Lake Torrens, SA.

    • Some Shareholders (15-Sept-2000)

    Company or Entity
    Share (%)
    1
    		HSBC Custody Nominess (Australia) Ltd
    3.70
    2
    		Bestfield Company Ltd
    3.62
    3
    		Anchorite Ltd
    3.30
    4
    		Huntley Investment Company Ltd
    2.70
    5
    		ANZ Nominees Ltd
    1.82
    6
    		Baron Nominees Ltd
    1.82
    7
    		Permanent Trustee Australia Ltd
    1.62
    8
    		Mandalay Capital Pty Ltd
    1.42
    9
    		Catholic Church Insurances Ltd
    1.35
    10
    		Pacific Gold Resources Ltd
    1.25
    11
    		Lamont Asset Management SA
    1.14
    12
    		Guardian Trust Australia Ltd
    1.03
    13
    		Rhoderic C Whyte
    0.86
    14
    		Westpac Custodian Nominess Ltd
    0.84
    15
    		Zauberberg Pty Ltd
    0.82
    16
    		Ronald Bentley
    0.81
    17
    		Collier Pacific Ltd
    0.77
    18
    		Howard Trading Co Pty Ltd
    0.76
    19
    		Redcliff Pty Ltd
    0.72
    20
    		Sandra L Baker
    0.72
    Total - 31.07% of Ordinary Shares
    No. of Ordinary Shareholders - 4,997

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    References Pima Mining NL Annual Report 1998 to 2000.
    Share price graph courtesy of ComputerShare.
    Last updated April 14, 2001.
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