Gibb River Diamonds Limited
AASX:GIB0.03
AUD
0.00
(0.00%)
ISIN
AU0000031411
Return %
Stock
S&P 500
1Y
-50.00
14.20
3Y
-18.42
81.12
5Y
-62.20
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.Company Description
- CEO
- James McArthur Richards
- Full Time Employees
- 5
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 1/16 Ord Street West Perth WA Australia 6005
- IPO Date
- Jun 3, 2008
- Website
- gibbriverdiamonds.com
- Similar Companies
- Business
- Gibb River Diamonds Limited (ASX: GIB) is a Perth-based multi-commodity mineral exploration and development company focused on diamonds, gold, uranium, phosphate, zinc and lead deposits. Founded in 2008 and headquartered at 1/16 Ord Street, West Perth, Western Australia, the company holds 100% interest in its lead Ellendale Diamond Project in the Kimberley region of Western Australia, which features a JORC 2012 Inferred Resource of 5.2 million tonnes at 1.26 carats per hundred tonnes from the Ellendale 9 Lights Stockpile with an average diamond value of US$1,200 per carat; the Neta Gold Project at Edjudina, Western Australia, with a shallow JORC resource of 24,000 ounces gold at 1.9 g/t; the Edjudina Gold Project, Western Australia; the Highland Plains Phosphate Project in the Northern Territory with a JORC 2004 Inferred Resource of 56 million tonnes at 16% P2O5 including a high-grade Western Mine Target Zone of 14 million tonnes at 20% P2O5; and the Erongo and Kunene uranium projects in Namibia covering approximately 1,828 square kilometers prospective for calcrete and roll-front uranium mineralization. It also maintains a 20% free carried interest to bankable feasibility study in the Iroquois lead-zinc project in the Earaheedy Basin, Western Australia, managed by ASX-listed Strickland Metals Limited. The company generates all revenue from Australian operations while pursuing international expansion in Namibia. Recent developments include the acquisition of full ownership of the Ellendale project from Burgundy Diamond Mines in March 2023; the granting of three key mining leases M04/475, M04/476 and M04/477 in May 2024 covering the core E4, E9 and E12 areas to enable restart of diamond production; execution of a mining benefits agreement and completion of heritage and flora/fauna surveys in partnership with the Bunuba Dawangarri Aboriginal Corporation; an Ore Purchase Agreement with Black Cat Syndicate Limited in October 2025 to process 100,000 tonnes of ore from the Edjudina Gold Project; and acquisition of strategic uranium prospects in Namibia's Erongo district.