Metallica Minerals is a multi commodity resource company with major interests in
Since its establishment in 1997 and ASX listing in November 2004, Metallica Minerals (ASX code: 'MLM') has maintained a core focus on the sustained development of its flagship NORNICO nickel-cobalt project in northern Queensland, while expanding its business through a complementary series of strategic resource project acquisitions, non-core asset sales, corporate alliances, and cutting-edge technological advances.
Metallica Minerals has grown rapidly since listing in 2004 to emerge as one of the most progressive multi-minerals developers in Australia's eastern states.
Based in Brisbane, Queensland, Metallica has expanded its asset base with the acquisition of MetroCoal Limited's coal projects in the Surat Basin and a substantial interest in Australia's leading pure-play bauxite company, Cape Alumina Limited. Its metals interests were further widened in 2009 with the acquisition of the Wolfram Camp tungsten-molybdenum mine and processing plant (currently under care and maintenance) and Mt Cannindah Copper-Gold resource through its 76% holding in Planet Metals Limited (previously named Queensland Ores Limited).
Metallica continues to chart courses of multi-minerals evaluation and resource development under the expert guidance of founding Managing Director, Andrew Gillies, and an industry-leading team of mine developers, exploration geologists, and corporate financiers.
Despite the global downturn, Metallica's diversified projects and strong management have been proactive and continue to draw investors and industry confidence. Today, the Company's 2,500-plus shareholders include China's second largest nickel producer, the Jilin Nickel Group (through its subsidiary, Jien Mining Pty Ltd), and the highly respected resources-focused equity firm, Resource Capital Fund (RCF).
The Metallica Name
Metallica was named after the definitive classic 16th century mining and metallurgy textbook, De Re Metallica ('On the Nature of Metals' or 'All about Metals'). First published in 1556, it was the best known work of the German scientist and "father of mineralogy", Georgius Agricola, and remained the authoritative text on mining for 250 years after its publication. De Re Metallica was translated into English in 1912 by one Herbert C. Hoover, a mining engineer who worked in Western Australia and went on to become the 31st President of the United States.
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updated 30th June, 2010
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