Renison Consolidated Mines (RSN)

Shares / Stock Code

RSN

Stock Exchange / Sharemarket

Australian Securities Exchange

Renison Consolidated Mines (RSN) is an exploration company primarily searching for gold, with tenements mainly in Australia. Key projects are located near Pine Creek in the Northern Territory. 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 stock market (ASX) on 2 April, 1987.

Renison Consolidated Mines is targeting gold production of over 100,000 ounces within 2 years from: AuQuest in the Northern Territory where a positive feasibility study on at +45,000oz/pa operation has been completed at Tom's Gully and where there is potential to increase production +60,000oz/pa and Agate Creek in Queensland where there is a potential 50,000oz/pa potential heap leach development.

Renison Consolidated Mines' major customers would include the retail, wholesale and international markets. Its competitors consist of other mining companies such as Jabiru Metals (JBL). Most oil and metals are sold into the global spot markets, whilst gas, coal and iron ore is typically sold under long term contract arrangements with utilities, large industrial users and steel plants.

During the fiscal year ended June 30, 2009 (fiscal 2009), the Company had investments in Tom’s Gully Holdings Pty Ltd (100%), Renison Coal Pty Ltd (100%), Agate Creek Holdings Pty Ltd (100%) and Tom’s Gully Mining Pty Ltd (100%). During fiscal 2009, the Company had exploration activities in Queensland and New South Wales.

Renison Consolidated Mines (RSN) Products and Services

  • Mineral exploration.

Renison Consolidated Mines (RSN) Locations and Subsidiaries

Renison Consolidated Mines Head Office
Level 5, Santos House, 60 Edward Street,
BRISBANE, QLD, AUSTRALIA, 4000
Phone: (07) 3303 0630
Fax: (07) 3303 0601

Renison Consolidated Mines (RSN) Share Price

Submitted by ASX Listed Company on 27 May, 2010 - 13:57

Download our FREE App


Signup for Free
Don't miss out on your free share trading articles.


Free Risk Money Management Calculator for those who sign up!