Lindian is buying into a bauxite project in Tanzania.

Lindian to buy stake in Tanzanian bauxite project

Perth-based explorer Lindian Resources has announced plans to acquire a majority stake in a bauxite mine in Tanzania in a deal worth nearly $2 million, despite recently introduced legislation mandating increased government ownership of local projects and higher royalties on some minerals.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
thMatador Mining0%0%
280thLindian Resources30%-48%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Issued
$100k Issued
$0 Issued
Total value as at the date of the transaction
Source: Morningstar


434th↓Lindian Resources$0
437th-Lustrum Minerals$0
438th↓Magnum Gas & Power$0
440th↓Marquee Resources$0
441st↓Matador Mining$0
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Lindian Resources

1277thSteve Formica$52k
Ranked by total remuneration from all listed WA companies

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