MALACHITE RESOURCES is an Australian junior resources company whose mission is to become a profitable, dividend-paying, mid-tier mining company, with the economic efficiencies that come from a strong geographic focus and the financial strength that comes from diversity, by targeting a limited range of high value metals in eastern Australia.
Malachite’s key commodities are gold, silver, tin and copper and its principal target areas currently are the New England region of northern NSW and southern Queensland, and the Mount Isa region of northwest Queensland. It has an advanced project that is likely to become a mine in the future – the Conrad Silver Project – as well as a variety of earlier stage exploration projects that offer exposure to gold, silver, tin and base metals.
Malachite is listed on the Australian Securities Exchange (Code: MAR) and also trades in Frankfurt (Code: MUW.F) and Berlin (Code: MUW.BE). The company has a number of corporate and institutional shareholders, with the top 20 holding 43% of the issued equity. There are approximately 176 million shares on issue.
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