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Last C$0.03 CAD
Change Today 0.00 / 0.00%
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As of 2:05 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

mawson west ltd (MWE) Snapshot

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09/3/14 - C$0.29
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mawson west ltd (MWE) Details

Mawson West Limited engages in the exploration, development, and production of copper and silver in the Democratic Republic of Congo. It primarily holds interests in the Dikulushi copper-silver mine; and the Kapulo copper exploration and development project, as well as multiple exploration targets covering a land package of approximately 7,300 square kilometers located in the Katanga province of the Democratic Republic of Congo. The company was incorporated in 1996 and is headquartered in West Perth, Australia.

Founded in 1996

mawson west ltd (MWE) Top Compensated Officers

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mawson west ltd (MWE) Key Developments

Mawson West Limited Appoints Dennis Wilkins as Non-Executive Director

Mawson West Limited announced the appointment of Mr. Dennis Wilkins as a non-executive director of the company effective August 3, 2015. Mr. Wilkins' role as a non-executive director will be in addition to his duties as Corporate Secretary of the company. Mr. Wilkins has served on various TSX listed exploration and mining companies over recent years and assisted in a variety of financings.

Mawson West Limited Announces Management Changes

Mawson West Limited announced the appointment of Dennis Wilkins as the Corporate Secretary of the company. Mr. Wilkins is the founder and principal of DWCorporate Pty Ltd., a privately held corporate advisory firm servicing the natural resources industry. Since 1994 he has been a director of, and involved in the executive management of, several publicly listed resource companies with operations in Australia, PNG, Scandinavia and Africa. From 1995 to 2001 he was the Finance Director of Lynas Corporation Ltd., during the period when the Mt. Weld Rare Earths project was acquired by the group. Mr. Wilkins is currently a director of Key Petroleum Limited and Shaw River Resources Ltd. The appointment follows the resignation of Ms. Caroline Keats as Corporate Secretary who is departing following many years of valued service to the company. The change in Corporate Secretary follows certain other personnel changes for Mawson West as previously disclosed by the company, including the appointment of Mr. D’Shorne Human as Chief Financial Officer effective June 1, 2015.

Mawson West Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Mawson West Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company announced revenue of USD 2,055,000 compared to USD 6,810,000 for the same period a year ago. Operating loss was USD 9,916,000 compared to USD 5,136,000 for the same period a year ago. Loss from operations was USD 9,914,000 compared to USD 5,655,000 for the same period a year ago. Net loss attributable to owners of the parent company was USD 9,020,000 or 3.2 cents per basic and diluted share compared to USD 4,620,000 or 2.9 cents per basic and diluted share for the same period a year ago. Net cash used in operating activities was USD 19,411,000 compared to USD 6,592,000 for the same period a year ago. Payments for mining development assets were USD 12,531,000 compared to USD 4,063,000 for the same period a year ago.


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