Last A$0.19 AUD
Change Today 0.00 / 0.00%
Volume 759.6K
IRN On Other Exchanges
As of 2:11 AM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

indophil resources nl (IRN) Snapshot

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09/5/13 - A$0.25
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11/25/13 - A$0.12
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indophil resources nl (IRN) Details

Indophil Resources NL, a mining company, acquires, explores for, and develops gold and copper-gold properties in the Philippines and South East Asia. The company primarily holds a 37.50% interest in the Tampakan copper-gold project, which is located in the Southern Philippines. Its exploration portfolio also comprises the Itogon gold and the Balatoc copper-gold projects that are located in Northern Luzon; and the Manat gold project in Eastern Mindanao. The company was incorporated in 1996 and is based in Melbourne, Australia.

Founded in 1996

indophil resources nl (IRN) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$630.0K
Chief Financial Officer
Total Annual Compensation: A$242.8K
Vice President of International Business and ...
Total Annual Compensation: A$400.0K
Executive Director
Total Annual Compensation: A$291.6K
Company Secretary
Total Annual Compensation: A$130.0K
Compensation as of Fiscal Year 2013.

indophil resources nl (IRN) Key Developments

Indophil Resources NL, Annual General Meeting, May 22, 2014

Indophil Resources NL, Annual General Meeting, May 22, 2014., at 11:00 AUS Eastern Standard Time. Location: offices of Baker & McKenzie, Level 19. Agenda: To consider the financial report for the year ended 31 December 2013, together with the directors' report and auditor's report as set out in the annual report; to consider the adoption of the remuneration report; to consider the re-election of directors; and to deal with any other business which may be brought forward in accordance with the constitution and the corporations act.

Glencore To Divest Its Interest In Tampakan Project; Indophil Expresses Interest

Glencore Xstrata plc (LSE:GLEN) is planning to sell its Tampakan project, operated by Sagittarius Mines, Inc. Indophil Resources NL (ASX:IRN) has expressed interest in acquiring full ownership of Sagittarius Mines. Gavan Collery, Vice President for Corporate Affairs of Indophil, said that Indophil is in an advantageous position to buy Glencore’s stake in the project should this arrangement materialize because they have the right of first refusal in the possible stake sale. Gavan said that discussions for the possible acquisition of Glencore’s stake would be discussed after the completion of the sale of the Las Bambas mine. Collery said, "The Las Bambas outcome has been a long time in the making and is important for Glencore as it fulfills the conditions set by China and once completed, clears way for Glencore to deal with other greenfield copper assets including its share in Tampakan."

Indophil Resources NL Reports Consolidated Cash Flow Results for the Second Quarter and Six Months Ended June 30, 2013

Indophil Resources NL reported consolidated cash flow results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported net operating cash outflows of AUD 1,435,000 and payment for purchases of other fixed assets of AUD 7,000. For the six months ended June 30, 2013, the company reported net operating cash outflows of AUD 1,270,000 and payment for purchases of other fixed assets of AUD 7,000.


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