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Last $1.05 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 4:30 PM 12/15/14 All times are local (Market data is delayed by at least 15 minutes).

cudeco ltd (CUDEF) Snapshot

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cudeco ltd (CUDEF) Details

CuDeco Limited explores and evaluates mineral properties in Australia. The company explores for copper, cobalt, and gold deposits. It primarily owns a 100% interest in the Rocklands Group copper project located in Cloncurry, Queensland, Australia. The company was formerly known as Australian Mining Investments Ltd. CuDeco Limited is headquartered in Southport, Australia.

cudeco ltd (CUDEF) Top Compensated Officers

Managing Director, Chief Operating Officer an...
Total Annual Compensation: A$708.8K
Chief Financial Officer and Company Secretary
Total Annual Compensation: A$145.0K
Principal Advisor for Exploration, Resource a...
Total Annual Compensation: A$175.0K
Project Manager
Total Annual Compensation: A$198.5K
Compensation as of Fiscal Year 2014.

cudeco ltd (CUDEF) Key Developments

CuDeco Ltd. Announces Management Changes

CuDeco Limited announced the following changes to the board were approved: The appointment of Peter Hutchison as Managing Director, David Taylor as Chairman. The company approved resignation of Wayne McCrae from the position of Chairman and CEO effective at the conclusion of the Board meeting. The company approved the election of Mr. Jiang Yongmin as a Non Executive Director. Mr. Yongmin will join the Board as Nominee of Sinosteel Equipment and Engineering Co. Ltd.

CuDeco To Raise More Funds

CuDeco Ltd. (ASX:CDU) is looking to finalize a smaller capital raising. Meet with major shareholders to “consider further funding options for the company”.

CuDeco Enters into Supply Agreement with the Shijiao

CuDeco has entered into a supply agreement with the Shijiao, to be supplied in a concentrate grade of not less than 90% Cu. The Group is copper recyclers in China with smelter, furnace and electrolytic treatment options, and is capable of producing blister Copper, Copper anode and 99.999% Cu metal. CuDeco's Rocklands copper-cobalt-gold deposit includes unique high-grade supergene enrichment from near surface to depths of 180m, including high-grade copper minerals chalcocite and bonanza-grade coarse native copper metal that persists through oxide, supergene and primary ore types. The majority of the deposit however is dominated by primary sulphide ore containing chalcopyrite (copper mineral) and pyrite (associated with cobalt), commencing just 12m from surface.


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