|
Stonewall Resources
Stonewall Resources () is an Australian gold mining company with exploration and development operations in New South Wales, Australia and Mpumalanga Province, South Africa. History The company was founded in 2008 as Meridien Resources Limited. Early on the main focus of the company was the development of the Lucky Draw gold tailings dam in Burraga, New South Wales. The company was listed on the Australian Securities Exchange in 2011 under the symbol MRJ. (The similarly named Meridian Minerals Limited was also listed on the ASX under the symbol MII.) In 2012, the company expanded by acquiring Stonewall Resources, a South Africa focused miner, and renamed the company after the target. The company entered into a share sale agreement with a Chinese buyer in November 2013. Shandong Qixing Iron Tower Co., Ltd, a subsidiary of the Qixing Group listed on the Shenzhen Stock Exchange, entered into the Sale Share Agreement with Stonewall for a purchase price of US$141 million for 100% sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northcom Group
Northcom Group Co., Ltd. (formerly known as Shandong Qixing Iron Tower Co., Ltd.) is a Chinese company with two main lines of business in the manufacturing towers for power transmission and communications and other industrial products and the provision of wireless broadband services. History The company was founded in 2002 as a part of the Qixing Group, a private industrial group based in Shandong with diversified holdings. In February 2010, the company became listed on the Shenzhen Stock Exchange. Financial troubles and sale to Longyue The parent company, Qixing Group, experienced financial difficulties due to overborrowing and rapid expansion in the 2010s. At the peak of its expansion in 2012, the parent company had added capacity to its core business of aluminum production and entered into new lines of business. Years later the president of the China Aluminum Association would say "Qixing expanded blindly". Throughout 2014, the parent company and its subsidiary Qixing Iron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining Companies Of Australia
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Australian Securities Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sabie
Sabie is a forestry town situated on the banks of the Sabie River in Mpumalanga, South Africa. The name Sabie is derived from the siSwati word "Ulusaba" which means "fearful river" because the river was once teeming with dangerous Nile crocodile. The word Ulusaba was modernized by the Afrikaner settlers who changed it from Ulusaba (siSwati) into the Afrikaans "Sabie" . The town was started after H.T. Glynn and J.C. Ingle found gold there and formed the Glynns-Lydenburg Gold Mining Company. Sabie is located 360 kilometres east of Johannesburg and 64 kilometres west of the popular Kruger National Park. It is known for its scenery and beautiful waterfalls, and is a popular tourist destination. Its main industry is forestry. The plantations surrounding Sabie form one of the world's largest man-made forests. It is situated approximately above sea level and is in the summer rainfall area. During the winter period, there is little rainfall, and the area can become intensely dry. For ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pilgrim's Rest, Mpumalanga
Pilgrim’s Rest ( af, Pelgrimsrus) is a small museum town in the Mpumalanga province of South Africa which is protected as a provincial heritage site. It was the second of the Transvaal gold fields, attracting a rush of prospectors in 1873, soon after the MacMac diggings started some away. Alluvial panning eventually gave way to deeper ore mining. In the 1970s the town, not greatly changed, became a tourist destination. History The alluvial gold was discovered by prospector Alec Patterson. He panned Pilgrim's Creek, as it became known, when the nearby MacMac diggings became too crowded. He kept his find a secret, but a gold rush resulted when fellow prospector William Trafford registered his claim with the Gold Commissioner at MacMac. After it was officially declared a gold field in September 1873, the town suddenly grew to 1,500 inhabitants searching for alluvial gold. Mining companies In the 1880s the alluvial gold dwindled and prospectors were attracted to Barberton's newl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shenzhen Stock Exchange
The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Exchange and the Shanghai Stock Exchange. It is situated in the Futian district of Shenzhen. With a market capitalization of its listed companies around US$2.504 trillion in 2019, it is the 7th largest stock exchange in the world, and 4th largest in East Asia and Asia. History On December 1, 1990, Shenzhen Stock Exchange was founded. In January 1992, Deng Xiaoping's Southern Tour saved China's capital market and the two stock exchanges (the other is Shanghai Stock Exchange). In July 1997, the State Council of China decided that the Shenzhen Stock Exchange would be directly managed by the China Securities Regulatory Commission. In May 2004, the SME Board was launched. In October 2009, the ChiNext market () was inaugurated. State-owned c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qixing Group
Shandong Qixing Group Co., Ltd. is a private Chinese business group whose subsidiaries are engaged in the smelting of aluminum. At one point the company owned an array of other businesses including property development, power cables and ceramics and a five-star hotel before shedding businesses as part of a restructuring plan from heavy debt accumulated during its rapid expansion. It is one of the main industrial groups in Zouping County, one of the richest counties in the country. History The company's rapid growth has depended on generous availability of corporate debt. Through heavy borrowing the company was able to expand its aluminum production operations and enter other lines of business. By 2012, Qixing would reach its apex. The group company was then made up of 15 operating companies and seven subsidiaries with revenue 15 billion RMB ($2.3 billion) and had 12,000 employees. These businesses included Qixing Iron Tower, a Shenzhen Stock Exchange listed subsidiary, that manufact ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Sydney, New South Wales
North Sydney is a suburb and major commercial district on the Lower North Shore of Sydney, Australia. North Sydney is located 3 kilometres north of the Sydney central business district and is the administrative centre for the local government area of North Sydney Council. History The Indigenous people on the southern side of Port Jackson (Sydney Harbour) called the north side ''warung'' which meant ''the other side'', while those on the northern side used the same name to describe the southern side. The first name used by European settlers was ''Hunterhill'', named after a property owned by Thomas Muir of Huntershill (1765–1799), a Scottish political reformer. He purchased land in 1794 near the location where the north pylon of the Sydney Harbour Bridge is now located, and built a house which he named after his childhood home. This area north to Gore Hill became known as St Leonards. The township of St Leonards was laid out in 1836 in what is now North Sydney, bounded ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burraga
Burraga is located in the Central Tablelands of New South Wales, 47 kilometres south west of Oberon and about south of Bathurst. It is within Oberon Shire. At the , Burraga had a population of 91. History Aboriginal and early settler history The area now known as Burraga lies on the traditional lands of the Wiradjuri people. The name Burraga is almost certainly a settler rendering of an Aboriginal language word. Burraga is also the name of the cadastral parish on the northern side of Thompson's Creek. Mining Copper was discovered around 1877 and was reported on by the inspector of mines in 1878. Mining commenced at the Thompsons Creek copper mine, but was hampered by poor management and under capitalisation, until the mine was purchased in 1879 by Lewis Lloyd, who was known as "the copper king". The mine then became known as Lloyd's Copper Mine. Lloyd built reverberatory smelting furnaces near the mine. By 1900, it had produced over £1,000,000 worth of copper. In 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tailings Dam
A tailings dam is typically an earth-fill embankment dam used to store byproducts of mining operations after separating the ore from the gangue. Tailings can be liquid, solid, or a slurry of fine particles, and are usually highly toxic and potentially radioactive. Solid tailings are often used as part of the structure itself. Tailings dams rank among the largest engineered structures on earth. The Syncrude Mildred Lake Tailings Dyke in Alberta, Canada, is an embankment dam about long and from high. It is the largest dam structure on earth by volume, and as of 2001 it was believed to be the largest earth structure in the world by volume of fill. There are key differences between tailings dams and the more familiar hydroelectric dams. Tailings dams are designed for permanent containment, meaning they are intended to "remain there forever". Copper, gold, uranium and other mining operations produce varied kinds of waste, much of it toxic, which pose varied challenges for long-term ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
