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Mincor halts production, cuts costs

Nickel miner Mincor Resources says it will suspend operations at its Miitel mine after Christmas as it details cost cutting measures to carry it through the mining downturn.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
159thSt George Mining84%3%
229thMincor Resources45%-14%
576thReward Minerals-20%-15%
752ndThundelarra-52%-12%
800thBlack Mountain Resources-71%-30%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

24/01/18
$5k Bought
24/01/18
$5k Bought
30/09/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

89th↑Black Mountain Resources$2.4m
90th↑St George Mining$2.3m
91st↓Mincor Resources$2.3m
92nd↑Reward Minerals$2.1m
93rd↑Thundelarra$2.1m
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Mincor Resources

391stGraham Fariss$337k
424thPeter Muccilli$317k
Ranked by total remuneration from all listed WA companies

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