Focus Minerals Limited (ASX:FML) Welcomes Inclusion in SandP ASX 300 Index
Perth, Australia (ABN Newswire) - Focus Minerals Limited (ASX:FML) is pleased to announce its inclusion in the S&P/ASX 300 Index. This will take effect after the close of trading on September 16, 2011.
Focus Minerals Chief Executive Officer Campbell Baird welcomed the inclusion of Focus in the S&P/ASX 300 Index as an important milestone in the continued growth of the Company.
'Focus is on an aggressive growth path that has seen us transform our business over the last couple of years, significantly increasing our gold production platform from one to four operating mines and in turn growing our market capitalisation by around 600%. This is a credit to the team we have built here at Focus and their efforts in driving this business forward.'
For Further information on Standard and Poor's and the S&P/ASX300 please visit http://www.standardandpoors.com
About Focus Minerals Ltd:
Focus Minerals Limited (ASX:FML) is a gold producer based in Western Australia's Eastern Goldfields. The company holds the mineral rights to 449km2 of tenements and is the largest landholder in the Coolgardie Gold Belt located 560km east of Perth and 35km west of the 'Super Pit' in Kalgoorlie-Boulder. Focus is currently in production from underground and open pit operations at its flagship Tindals Mining Centre in Coolgardie, adjacent to its 1.2Mtpa Three Mile Hill processing plant. In March 2011 it opened The Mount, a new high-grade underground mine, located 85km to the south of the processing plant. In addition Focus recently acquired 100% ownership in the highly prospective Treasure Island Gold Project, situated at Lake Cowan at the southern end of the Boulder-Lefroy fault.
Source:
Focus Minerals Ltd
Contact:
Campbell Baird
Chief Executive Officer
Focus Minerals Ltd
Ph: 61 8 9215 7888
Neil Le Febvre
Investor Relations
Focus Minerals Ltd
Ph: 61 8 9215 7888