Shorted
DE GREY MINING LIMITED logo

DEG

DE GREY MINING LIMITED

Materials

De Grey Mining Limited is an Australian exploration company focused on discovering and developing gold and base metal deposits. Their primary focus is the Mallina Gold Project in the Pilbara region of Western Australia, where they are actively exploring and expanding their resource base. The company aims to create shareholder value through successful exploration and project development.

gold exploration
Australian mining
Pilbara region
resource development

Shorted

short percentage0.04%
reported shorts1M
shares on issue2.404B

About

industry

Materials

address

Ground Floor, 2 Kings Park Road, WEST PERTH, WA, AUSTRALIA, 6005

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Industry & Focus

gold exploration
Australian mining
Pilbara region
resource development
ASX listed

Company Overview

AI-generated company summary

De Grey Mining Limited is an Australian exploration company focused on discovering and developing gold and base metal deposits. Their primary focus is the Mallina Gold Project in the Pilbara region of Western Australia, where they are actively exploring and expanding their resource base. The company aims to create shareholder value through successful exploration and project development.

Company History

De Grey Mining Limited has been involved in exploration activities in Western Australia for several years. Initially focused on base metals, the company shifted its focus to gold exploration with the discovery of significant gold mineralization at the Mallina Gold Project. Since then, De Grey has concentrated on expanding its gold resources through ongoing exploration programs and resource definition drilling. The company is currently advancing the Mallina Gold Project towards development.

Competitive Advantages

De Grey's competitive advantages stem from its large and prospective landholding in the Pilbara region, which is known for its gold endowment. The company's experienced exploration team and successful track record of discovery provide a further advantage. The scale of the Mallina Gold Project also positions De Grey favorably for potential development and production.

Risk Factors

  • Commodity price fluctuations
  • Exploration and development risks
  • Funding and capital requirements

Recent Developments

Last 6 months

Recent developments include ongoing exploration drilling results at the Mallina Gold Project, resource updates, and feasibility studies related to potential mine development. The company has also been actively involved in community engagement and environmental studies as part of the project's advancement.

Key People

Leadership team at DE GREY MINING LIMITED

AB

Andy Beckwith

Managing Director and CEO

GJ

Glenn Jardine

Non-Executive Chairman

CN

Craig Nelmes

Chief Financial Officer