KBL Mining Ltd (ASX:KBL) is an Australian resource Company listed on the ASX with a focus on producing precious and base metals. KBL's main assets include the Mineral Hill copper-gold-silver-lead-zinc mine near Condobolin in New South Wales and Sorby Hills lead-silver-zinc project in Western Australia. The Company has been operating the refurbished processing plant at Mineral Hill since October 2011 to produce copper-gold concentrates and in 2013 commenced producing a separate lead-silver concentrate. Sorby Hills (KBL holds 75% with Henan Yuguang Gold & Lead Co. Ltd (HYG&L) holding 25%) is a large near surface undeveloped silver-lead deposit close to port infrastructure and a short distance from Asian markets.
KBL Mining Ltd
ASX:KBL ISIN:AU000000KBL7
News
Kimberley Metals Limited (ASX:KBL) advises that Richard Sheridan, 37 has joined the Company as Chief Financial Officer and has been appointed as an additional Company Secretary.
Kimberley Metals Limited (ASX:KBL) ("Kimberley", "the Company") is pleased to report that both Mills are fully operational at Mineral Hill Mine, located 65 kilometres north of Condobolin in central-western News South Wales.
On 27 July 2011 Kimberley Metals Limited (the Company) (ASX:KBL) announced a 1 for 6, pro-rata, non-renounceable rights issue of convertible notes to shareholders with an Australian or New Zealand address (the Offer).
Kimberley Metals Limited (ASX:KBL) announced today results of the third diamond drill hole in the drilling program underway between the Eastern Ore Zone and Southern Ore Zone at the Company's Mineral Hill Mine. These results confirm Mineral Hill's previous status as a precious metal producer.
Kimberley Metals Limited (ASX:KBL) provides the opportunity to listen to an audio broadcast with Jim Wall, Executive Chairman in a presentation titled "Kimberley Metals intend to raise A$13m to bolster exploration and development".
Kimberley Metals Limited (ASX:KBL) is pleased to announce that a Sales Agreement has been reached with Yunnan Copper Company Limited (SHE:000878) to sell to YC copper concentrate from the Company's Mineral Hill Mine.
Kimberley Metals Limited (ASX:KBL) intends to raise up to A$9.543 million through a non renounceable rights offering of 38 cent, 5 year, 10.0% pa convertible notes to shareholders. A total of 25,114,127 Notes will be offered to eligible Australian and New Zealand shareholders on the basis of 1 Note for each 6 Shares held on the Record Date of 10 August 2011. Fractional entitlements to Notes will be rounded up.
Kimberley Metals Limited (ASX:KBL) Provides Processing Plant Operational Update at Mineral Hill Mine
Kimberley Metals Limited (ASX:KBL) is pleased to report the processing of ore through the process plant at the Mineral Hill Mine, located 65 kilometres north of Condobolin in central-western New South Wales.
Asian Activities Report for July 18, 2011 includes: TVN Corporation Limited (ASX:TVN) has intersected a coal system of 137 metre thick at Nuurst Project in Central Mongolia; Hunnu Coal Limited (ASX:HUN) has received a mining licence for the Tsant Uul Project in Mongolia; United Uranium Limited (ASX:UUL) has commenced drilling at its McArthur River Project in Northern Territory; Exalt Resources Limited (ASX:ERD) has completed extensive geophysical surveys on its 100%-owned Mineral Hill South Project in New South Wales.
Kimberley Metals Limited (ASX:KBL) is pleased to announce that after receiving expressions of interest from a number of parties for copper concentrate offtake from the Company's Mineral Hill Mine, Kimberley Metals is currently finalising an initial 6 months sales agreement. The Company is being assisted in this process by Penfold Limited.
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