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indochine mining ltd (IDC) Snapshot

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03/19/14 - A$0.09
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12/11/14 - A$0.0090
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indochine mining ltd (IDC) Details

Indochine Mining Limited engages in the exploration of mineral properties in Papua New Guinea and Cambodia. The company primarily explores for gold and silver deposits. Its flagship property includes Mt Kare gold/silver project located in Papua New Guinea. The company is based in West Perth, Australia.

indochine mining ltd (IDC) Top Compensated Officers

Chief Financial Officer and Company Secretary
Total Annual Compensation: A$281.5K
Director of Regional Projects and Country Man...
Total Annual Compensation: A$429.4K
Compensation as of Fiscal Year 2014.

indochine mining ltd (IDC) Key Developments

Indochine Mining Limited to Appoint Sir Sam Jonah as Chairman of the Board of Directors

Indochine announced the appointment of Sir Sam Jonah, KBE as an adviser to the company to assist with the upcoming fund raising and continuing development of the Mt Kare Gold and Silver Project. Following completion of the capital raising, Sir Sam Jonah will be appointed Chairman of the company's board of directors. Sir Sam Jonah is internationally recognised as a business executive with an extensive track record of successfully leading major gold projects around the globe. Sir Sam Jonah has served on the boards of numerous public and private companies. He is a director of Vodafone Group Plc and sits on the Bank of America Global Advisory Council.

Indochine Mining Limited Provides Market Update in Relation to Ongoing Work at the Mt Kare Project

Indochine Mining Limited provided the following market update in relation to ongoing work at the Mt Kare Project. Indochine is in the process of mobilising plant to develop an underground exploration adit at Mt Kare. This adit will become the basis for a 16,600 m drilling program which aims to better define and understand the known high grade zones within the current resource as well as investigate deeper targets. The location of the portal to the adit and the path which the adit will follow have been selected following completion of investigations into local rock formations, including geotechnical drilling and testwork. The site initially targeted for the portal was eliminated due to poor ground conditions and a second site was chosen based on superior rock characteristics. The adit is planned to start to the south of the Western Roscoelite Zone (WRZ) and initially track to the north-east for approximately 300 metres. It will then deviate north and track along the eastern limit of the WRZ for approximately 490 metres. This path will intersect high grade mineralisation which is part of the dilatational zone between two intrusive units that created the high grade WRZ. The adit will provide an excellent opportunity for drilling to: better define the high grade resource in the northern WRZ; test for potential repeats of the northern WRZ grade at depth.

Indochine Mining Limited, Annual General Meeting, Nov 28, 2014

Indochine Mining Limited, Annual General Meeting, Nov 28, 2014., at 11:00 AUS Eastern Standard Time. Location: Board Room, Level 1, 26 Clive Street. Agenda: To consider the company's financial report for the financial year ended 30 June 2014, together with the related directors' and auditor's reports; to consider the adoption of remuneration reports; to consider the election of directors; to consider the ratification of previous issue of shares under placement; to consider the issue of shares in lieu of fees to the directors; to consider the appointment of auditor; and to consider the approval of 10% placement facility; to consider the approval of issue of new shares; to consider the approval to issue of unlisted options.


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