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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 29/06/18

1 year TSR5 year TSR
577thLindian Resources-14%-39%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

08/06/17
$0 Issued
08/06/17
$100k Issued
08/06/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

434th↓Lindian Resources$0
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Lindian Resources

1184thSteve Formica$52k
Ranked by total remuneration from all listed WA companies

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