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Young Australian Mines

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Notable People

NamePositionYear Started
Default
Graeme Kininmonth *
A/ Chief Executive Officer2014
Nelson Chen
Nelson Chen
Non-Executive Chairman2013
Susan Hunter
Susan Hunter
Company Secretary2014
Riccardo Vittino
Riccardo Vittino
Chief Financial Officer2014
Default
Guo Qing Lou
Non-Executive Director2014
Ivo Polovineo
Ivo Polovineo
Non-Executive Director2017
* Most Senior WA Executive

Past Employees

NamePositionYear StartedYear Ended
Greg Jones Non-Executive Director20142018
Troy Williams Management Consultant, Corporate Accountant20142017
Anthony Martin Non-Executive Director20142017
Kang Huan Jun Non-Executive Director20122016
Cathie Wu Non-Executive Director20142016
David Pass A/ Chief Executive Officer20132014
Neil Hackett Company Secretary20132014
Peter Mansell Director20132014
Paul Eagland Non-Executive Director20132014
Alan Edwards Non-Executive Director20132014
Douglas Buerger Non-Executive Director20142014
David Nixon Non-Executive Director20082013
Andy Zhmurovsky Non-Executive Director20102013
David Craig Non-Executive Deputy Chair (2010-2013); Non-Executive Chairman (2009-2010)20092013
Andrew Worland Company Secretary, Commercial & Marketing Manager (since 2005); (CFO 2004-2006)20042013
Michael Braham Non-Executive Chairman20102013
Collis Thorp CEO20122013
Derek Fisher Co-Founder, Chief Executive Officer20032012
Micheal Senft Non-Executive Director02011
XiaoDong Sun Director2011
Steven Xiao Executive Director02011
Paul Willis Non-Executive Director20062010
David Constable Non-Executive Director02010
Peter Thomas Non-Executive Director2010
Colin Agnew Non-Executive Director20072008
Bruce Morrin Non-Executive Director20042007
Andrew Forrest Director20032006
John McEvoy Chief Financial Officer2013
Han Liu Non-Executive Director2010
Martijn Bosboom Company Secretary2012

M&A Deals

AnnouncedBidderTargetTransaction TypeTotal Value
15/12/17Young Australian MinesQueensland Mining CorporationAcquisition$53.0m>>
22/09/16Young Australian MinesGulf AluminaAcquisition$42.0m>>
10/05/13Mineral ResourcesYoung Australian MinesAsset acquisition$38.0m>>

Biography

Young Australian Mines (formerly Moly Mines) is a Queensland-based, public unlisted, mineral exploration company focused on copper-gold projects in the Cloncurry mineral province.

In 2010, YAML developed the Spinifex Ridge Iron Ore Mine which operated successfully until 2014, producing direct shipping ore exported through Port Hedland. In mid-2013, after operating the Spinifex Ridge Iron Ore Mine for approximately two and a half years, YAML completed a mine gate sale agreement for iron ore produced at YAML’s Spinifex Ridge Iron Ore Mine, thus disposing of its main undertaking. The money generated from the mining operation and the mine gate sale has been preserved to invest in future mining opportunities.

YAML currently only owns the Spinifex Ridge molybdenum-copper project located in the Pilbara region of Western Australia. The project was progressed to full permitting and definitive feasibility study in 2008. Subsequently, the development of the project was postponed as the project’s economics did not support the funding for the development of the project and a final investment decision. The project currently remains on care and maintenance.

In early 2018, YAML completed the acquisition of Queensland Mining Corporation with the intention to develop its flagship copper project, White Range.

The company was formerly known as Hibernia Gold Limited and changed its name to Moly Mines Limited in April 2005. The company was removed from the ASX in April 2017.
Biography last updated 20 Feb 2019

Share Transactions

01/06/12
$77k Bought
10/11/10
$40k Bought
10/11/10
$40k Bought
Total value as at the date of the transaction
Source: Morningstar

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