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Resources Minister Gary Gray (L) and Gindalbie Metals managing director Tim Netscher at the mine's official opening early last month.

Gindalbie announces Karara restructure

Chinese steel producer Ansteel will take majority ownership of the Karara iron ore project in the Mid West, after its local partner Gindalbie Metals struck a financing deal to help it through the project’s start-up phase.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
32ndVector Resources320%22%
84thVenturex Resources149%5%
359thGindalbie Metals19%-30%
395thTranscendence Technologies10%3%
628thTodd River Resources-25%0%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/04/13
$59k Bought
13/12/12
$25k Bought
11/12/12
$25k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

418th↓Gindalbie Metals$0
484th↓Todd River Resources$0
485th↓Transcendence Technologies$0
487th↓Vector Resources$0
488th↓Venturex Resources$0
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Gindalbie Metals

399thRebecca Moylan$304k
596thKeith Jones$207k
773rdChris Stevens$141k
Ranked by total remuneration from all listed WA companies

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