October 23, 2017 6:09 AM ET

Metals and Mining

Company Overview of Indo Mines Limited

Company Overview

Indo Mines Limited engages in the exploration and development of mineral properties. Its flagship project is the 70% owned Kulon Progo iron sands project located in Indonesia. The company also supplies composite mats and down hole tools to the energy industry. Indo Mines Limited is based in Sydney, Australia.

66 Hunter Street

Level 2

Sydney, NSW 2000



61 2 9300 3377


61 2 9221 6333

Key Executives for Indo Mines Limited

Chief Executive Officer
Total Annual Compensation: A$200.0K
Executive Director of Operations Planning and Market Development - PT Jogja Magasa Iron
Compensation as of Fiscal Year 2017.

Indo Mines Limited Key Developments

Indo Mines Limited Announces Audited Consolidated and Parent Earnings Results for the Year Ended June 30, 2017

Indo Mines Limited announced audited consolidated and parent earnings results for the year ended June 30, 2017. For the year, on consolidated basis, loss before income tax was AUD 7,968,324 compared to AUD 4,682,159 a year ago. Loss for the year AUD 7,968,324 compared to AUD 4,682,159 a year ago. Loss attributable to owners of the company was AUD 5,807,205 compared to AUD 3,770,879 a year ago. Basic and diluted loss per share was 1.08 cents compared to 0.70 cents a year ago. Net cash outflows from operating activities were AUD 2,962,252 compared to AUD 3,770,848 a year ago. Purchase of property, plant and equipment was AUD 138,410 compared to AUD 2,752,421 a year ago. Payments for exploration and evaluation were AUD 1,318,872 against AUD 3,068,652 a year ago. For the year, on parent basis, loss for the year was AUD 7,958,700 against AUD 4,730,209 a year ago.

Indo Mines Limited Auditor Raises 'Going Concern' Doubt

Indo Mines Limited filed its Annual on Sep 29, 2017 for the period ending Jun 30, 2017. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Indo Mines Limited, Special/Extraordinary Shareholders Meeting, Sep 15, 2017

Indo Mines Limited, Special/Extraordinary Shareholders Meeting, Sep 15, 2017, at 11:00 E. Australia Standard Time. Location: Level 2, 66 Hunter Street Sydney New South Wales Australia Agenda: To consider the sale of interest in Sapex Oilfield Services Limited.

Similar Private Companies By Industry

Company Name Region
3E Steel Pty Limited Asia
888 Resources Limited Asia
A.W.Bell Pty Ltd Asia
A1Consolidated Pty Ltd. Asia
Aard Metals Limited Asia

Recent Private Companies Transactions

July 17, 2017
Sapex Oilfield Services Ltd.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Indo Mines Limited, please visit www.indomines.com.au. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.