Nuenergy Capital (NGY)

Shares / Stock Code

NGY

Stock Exchange / Sharemarket

Australian Securities Exchange

NuEnergy Capital (NGY), formerly New Holland Mining (NHM), is a small mining company, predominantly exploring for minerals in Australia. It has several key projects in Victoria. Exploration companies aim to discover and delineate occurrences of metals and minerals that can be economically mined and extracted. The company listed on the Australian stockmarket (ASX) on 15 January 1987. In July 2007, the company changed its name and ASX code to NuEnergy Capital Limited (NGY).

NGY has 100% ownership in the West Victoria Project and is committed to the exploration lease and is continuing to determine its viability. At the Cornella project, it has a 51% interest, and target parameters indicate a significant increase in previous resources estimates.

NuEnergy Capital does not have any customers yet as it is still exploring for gold. However, there are many competitors within the Western Australia region all exploring for gold. Examples of threats include MDS (Midas Resources) and MEE (Metex Resources Limited).As of July 7, 2009, Fosterville Gold Mine Pty Ltd has notified that it has withdrawn from the tenement thereby allowing full ownership to be transferred to the Company.

Nuenergy Capital (NGY) Products and Services

  • Gold and base metal exploration.

Nuenergy Capital (NGY) Locations and Subsidiaries

Nuenergy Capital Head Office
Level 17, 500 Collins Street, MELBOURNE,
VIC, AUSTRALIA, 3000
Phone: (03) 9614 0600
Fax: (03) 9614 0550

Nuenergy Capital (NGY) Share Price

Submitted by ASX Listed Company on 14 May, 2010 - 23:07

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