AUM australian mining investments limited

huge volumes at aum, page-4

  1. 3,110 Posts.
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    this announcement is old, from Dec 2002...but may be relevant very soon imho...

    AUSTRALIAN MINING INVESTMENTS LIMITED 2002-12-06 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    AUM has entered into an agreement with Orica Australia to supply
    copper sulphate pentahydrate from its Mt Norma Copper Processing
    Project located near Cloncurry, Queensland.

    The treatment plant is nearing completion and is anticipated to
    commence production in early 2003.

    The agreement is for the supply of the entire production from the
    Mt Norma project and is for 10 years. The agreement replaces the
    agreement the Company previously had with Fernz Chemicals, which was
    acquired by Orica. The intention of the parties is that this
    agreement will form a long term strategic alliance of mutual benefit.

    Initial production is 6,000 tonne of copper sulphate in Year One
    increasing to 20,000 tonne per annum in the following year.

    W McCrae
    DIRECTOR
 
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Currently unlisted public company.

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