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flinders mines ltd (FMS) Snapshot

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05/9/13 - A$0.05
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04/14/14 - A$0.02
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flinders mines ltd (FMS) Details

Flinders Mines Limited explores for and develops mineral resources properties in Australia. The company primarily explores for iron ore, as well as for diamond. It focuses on developing a 100% owned flagship project, the Pilbara Iron Ore Project, located in the Pilbara region of Western Australia. The company was formerly known as Flinders Diamonds Limited and changed its name to Flinders Mines Limited in May 2008. Flinders Mines Limited was incorporated in 2000 and is based in Adelaide, Australia.

Founded in 2000

flinders mines ltd (FMS) Top Compensated Officers

Executive Chairman, Chairman of Nomination & ...
Total Annual Compensation: A$250.0K
Chief Financial Officer and Company Secretary
Total Annual Compensation: A$270.0K
General Manager of HSEC & Human Resources and...
Total Annual Compensation: A$298.4K
General Manager of Project Development
Total Annual Compensation: A$326.1K
Compensation as of Fiscal Year 2013.

flinders mines ltd (FMS) Key Developments

Flinders Mines Limited Announces Board Appointments

The Directors of Flinders Mines Limited announced the appointment of experienced mining industry executive, Mr. Ian Gordon, as the company's Managing Director. Mr. Gordon will commence his role with the company in the second half of June 2014 once he has completed his current role. The company's Executive Chairman, Mr. Robert Kennedy, will revert to the role of Non-Executive Chairman on the commencement of Mr. Gordon's contract. The appointment of Mr. Gordon reflects the company's confidence in his ability to bring together a team that will deliver positive outcomes in project development and financing as the company moves towards mining at its 100% owned Pilbara Iron Ore Project in Western Australia.

Flinders Mines Limited.(ASX:FMS) dropped from S&P/ASX All Ordinaries Index

Flinders Mines Limited.(ASX:FMS) dropped from S&P/ASX All Ordinaries Index

Flinders Mines Limited Reports Unaudited Consolidated Earnings Results for the Half Year Ended December 31, 2013

Flinders Mines Limited reported unaudited consolidated earnings results for the half year ended December 31, 2013. For the period, the company announced revenue from continuing operations of AUD 77,849 compared to AUD 334,560 a year ago. Loss before income tax from continuing operations was AUD 2,187,475 compared to AUD 5,158,497 a year ago. Loss is attributable to owners of company was AUD 2,187,475 or 0.120 cents per basic share compared to AUD 5,158,255 or 0.283 cents per basic share a year ago. Net cash outflow from operating activities was AUD 2,178,218 compared to AUD 1,221,717 a year ago. Payments for plant and equipment were AUD 18,836 compared to AUD 45,161 a year ago. Payments for exploration activities were AUD 2,124,976 compared to AUD 4,818,988 a year ago.


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