Leonardo Romero (right) and company CFO Justin Barton are working on Metalicity’s new zinc project. Photo: Attila Csaszar

Metalicity refloats Admiral Bay plan

West Perth-based junior Metalicity is developing a plan to take the Admiral Bay zinc deposit in the Canning Basin to production, two years after the project was bought from the collapsed Kagara Mining.

It represents a significant investment for Metalicity, with Kagara previously estimating that it would cost more than $1 billion to get into production.

For other stories in the 2017 mining projects feature, see here.


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BNIQ sponsored byLPC cresa

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
341stWestern Areas14%-8%
571stMetals X-24%17%
680thSilver Lake Resources-42%-36%
703rdPerseus Mining-47%-34%
755thBeadell Resources-60%-28%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$407k Sold
$251k Sold
$0 Other
Total value as at the date of the transaction
Source: Morningstar


16th↓Perseus Mining$289.3m
17th-Metals X$279.8m
18th-Western Areas$250.5m
19th↑Beadell Resources$250.3m
20th↑Silver Lake Resources$227.5m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Western Areas

22ndDan Lougher$1.770m
38thDavid Southam$1.290m
90thJoseph Belladonna$862k
Ranked by total remuneration from all listed WA companies

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