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Last C$0.06 CAD
Change Today 0.00 / 0.00%
Volume 691.4K
MWE On Other Exchanges
As of 3:40 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

mawson west ltd (MWE) Snapshot

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52 Week High
04/28/14 - C$0.53
52 Week Low
12/9/14 - C$0.02
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mawson west ltd (MWE) Details

Mawson West Limited is engaged 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

Chief Financial Officer
Total Annual Compensation: $266.7K
Company Secretary and Group Executive of Lega...
Total Annual Compensation: $301.2K
Chief Development Officer
Total Annual Compensation: $312.5K
Compensation as of Fiscal Year 2013.

mawson west ltd (MWE) Key Developments

Mawson West Meets TSX's Continued Listing Requirements

Further to TSX Bulletin 2014-1332 dated December 12, 2014, TSX has completed its review of the ordinary shares of Mawson West Limited and has determined that it meets TSX's continued listing requirements.

Mawson West Ltd. Announces Consolidated Earnings Results for the Full Year Ended December 31, 2014

Mawson West Ltd. announced consolidated earnings results for the full year ended December 31, 2014. For the year, the company announced revenue of USD 19,708,000 compared to USD 169,169,000 for the same period a year ago. Operating loss was USD 133,373,000 compared to operating profit of USD 22,246,000 for the same period a year ago. Loss from operations was USD 134,181,000 compared to profit from operations of USD 19,510,000 for the same period a year ago. Loss after income tax benefit was USD 134,356,000 compared to profit after income tax benefit of USD 13,327,000 for the same period a year ago. Net loss attributable to owners of the parent company was USD 122,656,000 or 75.5 cents per basic and diluted share compared to net profit attributable to owners of the parent company of USD 11,149,000 or 6.8 cents per basic and diluted share for the same period a year ago. Net cash used in operating activities was USD 39,105,000 compared to net cash provided by operating activities of USD 85,694,000 for the same period a year ago. Payments for plant and equipment were USD 5,187,000 compared to USD 5,182,000 for the same period a year ago. Payments for exploration and evaluation expenditure were USD 1,624,000 compared to USD 596,000 for the same period a year ago. Payments for mining development assets were USD 37,131,000 compared to USD 25,795,000 for the same period a year ago. Payments for mine properties were USD 7,803,000.

Mawson West Ltd. Auditor Raises 'Going Concern' Doubt

Mawson West Ltd. filed its Annual on Mar 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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