Shree Minerals defines maiden reserve, moves closer to mining at Nelson Bay...
The maiden Reserve provides sufficient reserves for DSO production for more than 2 years at NBR. With all Tasmanian approvals granted, federal approval is likely to be forthcoming. With CAPEX as low...
View ArticleIs Shree Minerals the next iron ore producer in Australia?
With Tasmanian approvals in hand for mining at Nelson Bay River, Shree Minerals awaits Commonwealth Government approval, which is expected soon. Meanwhile, drilling will commence at NBR in November.
View ArticleShree Minerals’ drilling focuses on DSO resource upgrade and extension
Shree Minerals (ASX: SHH) has outlined a 3,500 metre drilling program for its Nelson Bay River (NBR) Iron Project targeting an upgrade in the confidence, as well as an extension, of the direct shipping...
View ArticleShree Minerals is closer to DSO iron production in Tasmania
Sanjay Loyalka's Shree Minerals has not been idle waiting on Commonwealth approvals for its Tasmanian iron ore project. There is a port access MOU with Grange Resources; an offtake contract MOU with...
View ArticleShree Minerals looks at acquisitions upon NBR iron production
With approval from the Australian Commonwealth Government for the Nelson Bay River Iron project (NBR) project expected soon, Shree Minerals is looking at acquisitions to grow shareholder value.
View ArticleShree Minerals is the next iron miner in Australia, wins final approval
Today's Commonwealth approval means Shree Minerals should be the next iron ore miner into production in Australia at the Nelson Bay River Iron Project (NBR) in north-west Tasmania. CAPEX is minimal and...
View ArticleShree Minerals shares continue to rise
Shree Minerals (ASX: SHH) is continuing its climb, hitting an intra-day high of $0.20 – a 43% rise from last night’s close of $0.14 – following Tuesday’s final approval for its Nelson Bay River Iron...
View ArticleShree Minerals' Sanjay Loyalka outlines path to iron ore production in front...
Shree Minerals chairman Sanjay Loyalka presented to over 175 investors this week at the "Stars in 2013" investor forum in Sydney - and outlined the company's pathway to production. Shree is positioned...
View ArticleShree Minerals clinches offtake and funding for Nelson Bay River iron ore
Besides securing offtake for iron ore produced at Nelson Bay River Iron Ore DSO Project, the agreement with Singapore’s Frost Global also provides Shree Minerals with a US$4 million advance to progress...
View ArticleShree Minerals gains green light to begin mining at Nelson Bay River Iron...
All necessary approvals are now in place for the Nelson Bay River iron ore project to proceed to mining in Tasmania, after Shree Minerals received Federal Government approval under the EPBC Act. Shree...
View ArticleShree Minerals readies to mine iron ore in Tasmania
One of the contracting groups for the NBR mine said, "the project was on track to be digging ore by October 4." It is understood that mine development and construction work is 90 per cent complete.
View ArticleShree Minerals caps busy quarter, for production of DSO iron ore
Next iron ore miner in Australia, Shree Minerals (ASX:SHH) is edging closer to commencing mining of Direct Shipping Ore (DSO) from the Nelson Bay River Iron Project.The September quarter was one of...
View ArticleShree Minerals: Tasmanian Deputy Premier opens Nelson Bay Iron Mine
The official opening of the Nelson Bay River Mine by the Deputy Premier of Tasmania marks Shree Minerals’ transformation from a junior explorer to Australia's next iron ore producer. Mining is expected...
View ArticleShree Minerals is Australia's next iron ore producer with Tasmania mine
Production from Nelson Bay in Tasmania will commence in late December or the first week of January 2014, with margins of A$50 a tonne at current 58% Fe iron ore prices, earning A$36,000,000 in two...
View ArticleShree Minerals increases iron ore reserves at Nelson Bay River project
New Australian iron ore producer Shree Minerals has increased defined Reserves at Nelson Bay River mine in Tasmania from recent drilling program. This saw an upgrade of the resource and an improved...
View ArticleShree Minerals tops up cash reserves for iron ore production at Nelson Bay River
Shree Minerals (ASX: SHH) is raising $2,136,000 through a private placement of 13.35 million shares priced at $0.16 each to RB Energy Pte Ltd to increase its working capital.It will also seek...
View ArticleShree Minerals makes placement to increase working capital for Nelson Bay...
Shree Minerals (ASX: SHH) has entered into an agreement to make a private placement of 7,875,000 new fully paid ordinary shares at A$0.16 to raise A$1,260,000.The placement is being made to Shantilal V...
View ArticleShree Minerals's Australia's newest iron ore producer, ships this month
The first shipment of iron ore from Shree Minerals' Nelson Bay River Iron Project in Tasmania is ready at Burnie Port for shipping on 25th/26th January 2014, completing an incredible journey from...
View ArticleShree Minerals shipping iron ore, generating free cash flow
Still under the radar for many, Shree is producing iron ore from Nelson Bay River project in Tasmania, with a two year offtake agreement in place signed with a Singapore based marketing company linked...
View ArticleShree Minerals receives change of substantial holder notice from RB Investments
Tasmanian iron ore producer Shree Minerals (ASX: SHH) has received a change in interests notice from its substantial shareholder, RB Energy Pte Ltd which notified of an increased stake to 14.73% of...
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