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flinders mines ltd (FMS) Snapshot

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09/17/13 - A$0.04
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flinders mines ltd (FMS) Details

Flinders Mines Limited is engaged in the exploration and development of mineral resources properties in Australia. The company primarily explores for iron ore, gold, and base metals. 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 July 2008. Flinders Mines Limited was incorporated in 2000 and is based in Rose Park, Australia.

Founded in 2000

flinders mines ltd (FMS) Top Compensated Officers

Managing Director
Total Annual Compensation: A$20.2K
General Manager of HSEC & Human Resources and...
Total Annual Compensation: A$53.5K
General Manager of Project Development
Total Annual Compensation: A$337.4K
Compensation as of Fiscal Year 2014.

flinders mines ltd (FMS) Key Developments

Flinders Mines Limited. Reports Consolidated Earnings Results for the Year Ended June 30, 2014

Flinders Mines Limited. reported consolidated earnings results for the year ended June 30, 2014. For the period, the company reported revenue from continuing operations of AUD 200,601 against AUD 520,968 a year ago. Loss before income tax was AUD 5,336,037 against AUD 14,212,158 a year ago. Loss is attributable to owners of the company was AUD 4,648,747 or 0.235 cents per basic share against AUD 12,426,086 or 0.682 cents per basic share a year ago. Net cash outflow from operating activities was AUD 3,833,795 against AUD 1,547,246 a year ago. Payments for plant and equipment were AUD 34,509 against AUD 51,408 a year ago.

Flinders Mines Announces High Grade Pilbara Iron Ore Results

Flinders Mines Limited. announced that significant high grade and near surface hematite mineralisation has been intersected in new drilling at the company's wholly-owned Pilbara Iron Ore Project ("PIOP") in the Pilbara region of Western Australia. Blackjack Deposit drilling currently underway at the PIOP's Blackjack deposit has intersected significant high grade (+60% Fe) mineralisation. To date, 145 holes have been drilled in Blackjack as part of the current program. Assays have now been received for 90 of these holes with 41 of them intersecting detrital iron mineralisation in excess of 60% iron with low levels of silica and alumina.

Flinders Mines Limited. Announces Executive Changes

Flinders Mines Limited. announced that Mr. Justin Nelson has been appointed as company secretary of the company, replacing the previous company secretary, Mr. David Godfrey due to his retirement. Mr. Nelson is a Principal at DMAW Lawyers with expertise in the ASX Listing Rules and all other aspects of ASX-related matters. He was previously with the ASX Adelaide Branch, initially as Listings Advisor and then as South Australian State Manager for eight years, until the ASX offices were consolidated nationally.


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