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Last A$0.05 AUD
Change Today 0.00 / 0.00%
Volume 20.0K
MLM On Other Exchanges
As of 1:13 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

metallica minerals ltd (MLM) Snapshot

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08/5/14 - A$0.12
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metallica minerals ltd (MLM) Details

Metallica Minerals Limited explores, evaluates, and develops mineral properties in Australia. It principally explores for rare earth scandium, nickel, cobalt, zircon-rutile minerals, bauxite, and limestone. The company holds 100% interest in the SCONI nickel-cobalt-scandium Tri-Metal Project covering an area of approximately 6,300 hectares of mining leases and applications, which is located in Townsville, North Queensland. It also holds interest in the Cape York Heavy Mineral Sands and Bauxite Project covering an area of approximately 2,500 square kilometers of exploration tenements that is located on the west coast of Queensland’s Cape York; and Phoenix Lime Projects located in Queensland. Metallica Minerals Limited was founded in 1997 and is based in East Brisbane, Australia.

metallica minerals ltd (MLM) Top Compensated Officers

Chief Financial Officer and Company Secretary
Total Annual Compensation: A$133.3K
Cape York HMS & Bauxite JV Project Manager
Total Annual Compensation: A$155.8K
Compensation as of Fiscal Year 2014.

metallica minerals ltd (MLM) Key Developments

Metallica Minerals Limited Announces Executive Changes

Metallica Minerals Limited announced that Mr. Barry Casson has been appointed as Chairman of the company and Mr. David K Barwick has retired as Chairman and as a Director of the company effective July 2, 2015.

Metallica Minerals Limited Announces Executive Changes Effective July 13, 2015

Metallica Minerals Limited announced the appointment of experienced Queensland based mining executive, Mr. Simon Slesarewich, as the company’s new Chief Executive Officer (CEO), effective from 13 July 2015. The appointment coincides with the planned succession and retirement, from the Managing Director role, of founding Metallica Managing Director, Mr. Andrew Gillies, who will continue to provide his expertise as a non-Executive Director. Mr. Slesarewich, a Mining Engineer and registered Senior Site Executive in Queensland, has more than 18 years’ experience across Queensland’s resources commodities sector, including a strong background in operational and executive roles within both mining and contracting entities. As CEO, Mr. Slesarewich will assume responsibility for the management of the Company under the guidance of the Metallica Board and will manage and drive the Company’s transition into a successful producer. Mr. Slesarewich employment agreement contains provisions which are typical for a CEO contract of this nature for a junior resource company – for a summary of the material terms see below - Terms of Employment of CEO. Metallica’s newly appointed Chairman, Mr. Barry Casson, paid particular tribute noting the departure of Andrew Gillies as the Company’s long standing Managing Director. Mr. Slesarewich has been appointed Chief Executive Officer from 13 July 2015 for a term of 2 years.

Metallica Minerals Limited Announces Executive Changes

Metallica Minerals Limited announced that Mr. Barry Casson is being appointed to the position of Independent non-executive Company Chairman, effective June 30, 2015 at which time the current and long standing Chairman, Mr. David Barwick, will retire as a director of the company. Mr. Casson was appointed to the Metallica Minerals board as an independent non-executive Director on December 1, 2010. Mr. Casson brings to Metallica more than 40 years of Board, Executive Management and Corporate Finance experience, including involvement in several project developments, predominantly in the resources industry. Mr. Casson has held senior corporate positions with both publicly-listed in Australia and internationally. Mr. Casson is currently a non-executive Director of Archipelago Metals Limited (an unlisted Public Company) and a Member of the Board of Unitywater.


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Price/Sales 12.9x
Price/Book 0.5x
Price/Cash Flow 5.1x
TEV/Sales 6.1x

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