AUM australian mining investments limited

austtralian mining investments

  1. 390 Posts.
    AUM has several copper oxide deposits located in cloncurry mineral fields.
    AUM is not a grass roots exploration company and has enough highly prospective ground already identified without having to explore.
    There most exciting asset is their Copper production using COLUMN TECHNOLOGY it presents low capital and operational costs giving it the greatest introduction into the industry on a large scale.
    The commisioning of their plant should not be too far away the recent annoncement

    Mt Norma Copper Sulphate Commissioning Update

    Document date: Mon 19 May 2003 Published: Mon 19 May 2003 08:36:20
    Document No: 237705 Document part: A
    Market Flag: Y
    Classification: Progress Report
    AUSTRALIAN MINING INVESTMENTS LIMITED 2003-05-19 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    The Company is pleased to announce that high quality fine copper
    sulphate pentahydrate crystals were produced from the Mt Norma
    Project late yesterday.

    This phase of the commissioning has confirmed the AUM Column
    Technology to be a significant improvement on Conventional Solvent
    Extraction Plants due to the high fire risk being totally eliminated
    combined with low capex, low operating costs and zero organic
    consumption.

    At the completion of the current commissioning phase certain minor
    mechanical and automatic improvements have been recommended to allow
    more accurate and finer control to allow a superior quality product
    and to enable an increase in production.

    The production of extremely high quality copper sulphate crystals is
    in line with all pilot testwork results. The commissioning phase has
    been extremely positive and exciting for the inventing metallurgist
    and staff who have overseen the construction and commissioning of the
    Patented SX Column Technology from test tube to production of such a
    quality product.

    W McCrae
    DIRECTOR

    --------------------------------------------------------------------------------

    AUM WITH RECENT PRICE AND VOLUME MOVEMNET ON A CHART LOOKS TO HAVE BROKEN OUT WATCH THIS ONE VERY CLOSELY..


    I AM NOT A PROFESSIONAL ADVISOR
    I OWN AUM/AUMO
    AUM IS HIGHLY SPECULATIVE AND SHOULD BE TREATED WITH CAUTION.
    ALWAYS SEEK PROFESSIONAL ADVISE WHEN BUYING OR SELLING.

    THE GUN BANG BANG...

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.