Latest News

DECEMBER 2015 QUARTERLY REPORT

During the December quarter 2015, Queensland Bauxite Limited (ASX: QBL, or the “Company”) continued to significantly progress the development of its flagship South Johnstone DSO bauxite project in northern Queensland.

A number of corporate and operational milestones were achieved during this period, with the Company aiming to generate positive net cash flows in the short term through the commencement of DSO bauxite production and shipping. Read more

 

News Archive

30 Nov 2015

South Johnstone Project Update – Working Towards Imminent MDL

Queensland Bauxite Limited (ASX: QBL, or the “Company”) is pleased to confirm that it is in the final phases of consultation with the Queensland Department of Natural Resources and Mines (DNRM) towards facilitating a Minerals Development Licence (MDL) for QBL’s flagship South Johnstone Bauxite project in Northern Queensland.

QBL maintains a constructive and ongoing dialogue with the DNRM as a part of the MDL application (MDLA) process, including further ongoing detailed discussion on the technical and engineering aspects of the project. The assessment of the MDLA is now well advanced. Read more.

6 Nov 2015

QBL to increase stake in strategic bauxite province

The board of Queensland Bauxite Limited (ASX:QBL) (“QBL” or “The Company”) is pleased to announce that the Company intends to offer to acquire an increased stake in its already 50% owned bauxite tenement EL7301, which contains a large portion of a known gibbsitic bauxite province in the Nullamana region of Inverell in northern New South Wales. Read more.

 

9 Sep 2015

QBL Secures $2.88M Development Facility

Queensland Bauxite Limited (ASX: QBL, or the “Company”) is pleased to advise that it has secured the support of New York based investment firm Magna in providing a facility of $2M USD ($2.8M AUD) in Capital and Development finance for project development of the flagship South Johnstone DSO Bauxite Project in northern Queensland. Read more chile

31 Jul 2015

JUNE 2015 QUARTERLY REPORT

During the recent quarter Queensland Bauxite (ASX:QBL) undertook wide spaced regional drilling throughout the previously reported Exploration Target area and confirmed the geological model of the existence of extensive bauxite mineralization throughout the South Johnstone region. An aggressive, focused detailed drilling programme was also undertaken with the aim of increasing the tonnage and JORC classification of the previously reported JORC Indicated Mineral Resource within the South Johnstone tenement area. Read more.

16 Jul 2015

QBL progresses towards Mineral Development Licence and Mine Plan at South Johnstone DSO Bauxite Project

Queensland Bauxite Limited (ASX: QBL, or the “Company”) is pleased to provide an update on project development and corporate activities at its flagship South Johnstone DSO Bauxite Project in northern Queensland.
A primary objective of the recently completed drilling program is to upgrade a portion of the current Indicated Mineral Resource under the 2012 JORC Code, to a Measured Resource, in order to finalise the initial mine plan for the Mineral Development Licence Application (MDLA). Within that specific area of the Indicated Resource, infill drilling to 50-metre spacing has been conducted to enable an upgrading of that area to a Measured Resource category.

Granting of the MDLA will facilitate immediate commencement of the first shipments of bauxite, and enable the Company to prove the long-term economic and operational feasibility of the entire project. The initial shipments are scheduled to commence in the fourth quarter of this year. Read more. ask steve harvey

Investors

ASX: QBL A$0.009

 

Corporate Address

  • Queensland Bauxite Limited
  • 67 Penkivil Street
  • Bondi NSW 2026
  • Ph. 02 9291 9000
  • Fax 02 9291 9099
  • Email : info@queenslandbauxite.com.au
  • Mailing Address
  • PO Box 114
  • Bondi NSW 2026