Bauxite Resources Limited - Quarterly Activities and Cashflow Report June 2013
19.07.2013 | ABN Newswire
10:06 AEST July 19, 2013 ABN Newswire (C) 2004-2013 Asia Business News PL. All Rights Reserved.Perth, Australia (ABN Newswire) - Bauxite Resources Limited (ASX:BAU) announce the Quarterly Activities and Cashflow Report for June 2013 with the following highlights.
- Bauxite resource of BRL and its JV partners totals 243.7Mt
- Maiden resource at BRL's 100% Fortuna bauxite deposit (unbeneficiated) of - 26.8Mt @ 37.8% Al2O3 (total), 29.2% Al2O3 (available), 1.4% SiO2 (reactive) with further drilling campaign completed
- Felicitas, BRL & Yankuang JV total resource (unbeneficiated) increased to - 147.9Mt @ 39.4% Al2O3 (total), 30.1% Al2O3 (available), 1.9% SiO2 (reactive) including Measured Resource (unbeneficiated) of - 35.3Mt @ 39.0% Al2O3 (total), 30.5% Al2O3 (available), 1.3% SiO2 (reactive)
- 12 month share buyback program commenced in May 2013
- Peter Canterbury commenced as new CEO in May 2013
- Cash at bank A$43.9 million and no debt
To view the full quarterly report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-BAU-642214.pdf
About Bauxite Resources Limited:
Bauxite Resources Limited (ASX:BAU) was established in May 2006 to become a part of the bauxite and alumina industries in Western Australia where four of the seven Australian alumina refineries and four of Australia’s bauxite mines are located. The Company listed on the Australian Securities Exchange (ASX) in October 2007.
Bauxite Resources is the largest tenement holder in the Darling Range with approximately 22,500 km2 of ground. This area in south-west Western Australia is acknowledged as the largest producing alumina region in the world supplying approximately 23% of global production.
Contact:
Bauxite Resources Limited
T: +61-8-9200-8200
F: +61-8-9200-8299
WWW: www.bauxiteresources.com.au