Gindalbie Metals (GBG) is an independent iron ore explorer principally focused on the exploration and appraisal of iron ore projects and forming joint ventures with other mining companies for mineral exploration. The Company is developing projects in the Mid West region of the State. Gindalbie Metals listed on the ASX on April 12, 1994 and it is headquartered in Perth, Western Australia. The key asset of the Company is Karara Iron Ore Project in Western Australia.
- Gindalbie Metals has reported a loss of $18.8 million for the half. In the previous corresponding first half the company posted a loss of $13.6 million.
As the year 2011 closed, share prices continued to fluctuate as companies and investors continue to trade stocks. This is a record of the best and worst traded stocks in the indices ASX100, ASX200 and All Ordinaries in the Australian Securities Exchange in the last week of 2011, December 26 to 30, 2011.
Best Performing Trade Stocks ASX100 (XTO)
The list below is a record of the top ten best and worst traded stocks in the ASX100, ASX200, and All Ordinaries of the Australian Stock Exchange in the 49th week of 2011, from December 5 to 9, 2011.
Best Performing Trade Stocks ASX100 (XTO)
Gindalbie Metals (ASX:GBG) announced a major cost blow out in a joint venture with Ansteel, jumping 62 percent in operating costs for its Karara iron ore project. The miner confirmed their previous estimate of $2.57 million in costs. Gindalbie is the latest addition to the growing list of cost blow outs, which includes major players such as BHP and Woodside.
Iron ore explorer Gindalbie Metals (ASX:GBG) has signed up more funds from China's Ansteel for its Western Australian (WA) project at an official ceremony in Beijing yesterday. An increase of US$336 million to an existing US$1.2 billion facility was acquired to support Gindalbie's Karara Project as well as US$300 million in bank guarantees for securing rail upgrade deals.
Stocks Loser of the Week on the S&P ASX 200 (XJO) for the week. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (7th week: 14th February to 18th February 2011). Losers this week include: MAH, TRS, CDU, BOW, GBG, CVN, PDN, PRY, ALS, GNS. Other lists of ASX companies by Market capitalisation.
Worst Performing Australian Stocks of the Week on the ASX200 (XJO) for the week. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (6th week: 7th February to 11th February 2011). Other lists of ASX companies by Market capitalisation.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
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- Commonwealth Bank of Australia (CBA)
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- Telstra (TLS)
- News Corporation (NWS)
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