Gindalbie has a strong history as an independent Australian mining company with a vision for an even stronger future. Our mission is to drive value for shareholders, personnel and all third parties involved in our business through strategically acquiring and developing robust mining projects.

We have a proven record, stretching over two decades, of successfully developing mining operations from initial discovery through to production, including the Minjar Gold Project, Two Boys Gold Project and the Karara Project. While the highly volatile iron ore market poses ongoing challenges, the successful development and operation at nameplate capacity of the Karara Project is a testament to the hard work of everyone involved with the Project as well as our strong relationship with investment partner Ansteel. Management control of the Project passed to Ansteel in 2013, when it became the majority shareholder in KML. Gindalbie notes that it’s holding in KML and the Karara Project has been carried at nil asset value since 2013. The Company regularly reviews the status of this investment.

In early 2016, Gindalbie commenced a strategic evaluation process to identify new potential project development and investment opportunities in the broader resources sector. Our strategy to drive future value is predicated on capitalising on the following:

  • Gindalbie’s strong cash balance
  • Our in-house technical and financial experience
  • Positive long-term outlook for the base metals and gold sector

Over the past decade there has been a rapid expansion in new energy technologies especially in renewable energy markets, portable power and electric vehicles. The continued progress of such technologies relies on access to minerals that possess properties to efficiently conduct and store energy. For these reasons, Gindalbie views the conduction and storage of power as complimentary in nature and a sector of value creation.


Mt Gunson Copper-Cobalt Project

The Mt Gunson Project offers a potentially strategic entry into the rapidly growing market for high quality copper and cobalt, which are crucial feedstocks for the renewable energy sector, particularly with regard to new generation battery and storage technologies.

Market analysts suggest that supply shortages are increasingly likely in both the copper and cobalt markets in coming years, which would result in higher prices as supply struggles to keep up with healthy demand growth for both commodities.