Koba Resources Limited
AASX:KOB0.02
AUD
+0.00
(-11.54%)
ISIN
AU0000212375
Return %
Stock
S&P 500
1Y
-69.33
14.20
3Y
-64.99
81.12
5Y
- -
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Benjamin Vallerine
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Ground Floor Subiaco WA Australia 6008
- IPO Date
- May 2, 2022
- Website
- kobaresources.com
- Similar Companies
- Business
- Koba Resources Limited (ASX: KOB) is an Australian-based mineral exploration company focused on the discovery and development of gold and base metal deposits. The company holds interests in the Northern Goldfields Project, which includes the Beta Hunt Mine located in the southwest of Western Australia, and the Yarrol Gold Project situated in the historic Cracow Goldfield in central Queensland; it also maintains exploration tenements targeting gold, nickel, copper, and other minerals across Western Australia and Queensland. Operations are concentrated in Australia, with headquarters in West Perth, Western Australia, and the company was incorporated in 2022 following a rebranding from Wildcat Resources Ltd to reflect its strategic pivot toward gold-focused exploration and development. Core products and services encompass high-grade gold production from underground mining at Beta Hunt, where the company restarted operations in 2023 producing over 20,000 ounces annually from the A Zone and Western Flanks lodes; nickel sulphide mining from historic infrastructure; and advanced exploration programs including resource delineation drilling, geophysical surveys, and metallurgical testing for refractory gold ores at Yarrol. Koba offers contract mining services through partnerships and maintains processing facilities capable of treating up to 1 million tonnes per annum, serving institutional investors, off-take partners, and the Australian mining sector. Recent major developments include the US$170 million acquisition of the Beta Hunt Mine and related tenements from Salt Lake Mining Pty Ltd in October 2024, marking a transformative shift from pure exploration to near-term production; a A$40 million private placement equity financing in November 2024 to fund mine ramp-up and exploration; and the launch of a scoping study for the 2.2 million ounce Yarrol Gold Project in mid-2025, alongside ongoing high-grade gold intercepts at Beta Hunt exceeding 100 g/t. In early 2025, Koba announced a strategic alliance with a major gold streamer for potential offtake financing and expanded its landholding by 50% through new tenement applications in the Laverton Tectonic Zone. These initiatives position the company for significant production growth targeting 100,000 ounces per annum by 2027.