Carnaby Resources Limited
CNB.AX
Australian Securities Exchange0.73
AUD
-0.02
- -
ISIN
AU0000046203
CUSIP
Q2099K105
Return %
Stock
S&P500
1Y
119.70
26.53
3Y
-30.95
76.60
5Y
104.23
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Robert Holmes Watkins
- Full Time Employees
- 2
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 78 Churchill Avenue Subiaco WA Australia 6008
- IPO Date
- Aug 30, 2016
- Website
- carnabyresources.com.au
- Similar Companies
- Business
- Carnaby Resources Limited (ASX:CNB) is an Australian exploration and development company focused on copper, gold, lithium and base metals projects located in the Mount Isa Inlier of Queensland and the Pilbara's Mallina Basin and Yilgarn Margin of Western Australia; its flagship Greater Duchess Copper Gold Project, situated approximately 70km southeast of Mount Isa and centred on the historical Duchess copper mining district, encompasses 1,921 square kilometres of Iron Oxide Copper-Gold (IOCG) prospective tenure including the Mount Hope, Nil Desperandum, Lady Fanny and recently acquired Trekelano deposits with a pro forma Mineral Resource Estimate of 27 million tonnes at 1.3% Cu and 0.2g/t Au containing 355,000 tonnes of copper and 208,000 ounces of gold or 1.5% CuEq for 400,000 tonnes CuEq; the company's Western Australia portfolio comprises the Strelley, Mt Grant, Goldsworthy and Pardoo gold projects alongside the Big Hill lithium project in the highly prospective Mallina Basin as well as the 663 square kilometre Yilgarn Margin land package including the Malmac and Throssel gold and base metals projects. Founded in 2016 and headquartered in Subiaco, Western Australia, Carnaby formerly operated as Berkut Minerals Limited prior to its name change in May 2019 and targets junior mining investors with exposure to Tier 1 base metal districts and established gold provinces through resource delineation, feasibility advancement and development pathways leveraging proximity to infrastructure and mining-friendly jurisdictions. In recent developments, Carnaby secured a long-term partnership with Glencore for toll treatment of 100% of fresh sulphide ore and concentrate from the Greater Duchess Project, completed the acquisition of Trekelano mining leases to expand the project area and boost the mineral resource inventory, attained 100% ownership of the Greater Duchess Copper Gold Joint Venture by purchasing Latitude 66 Limited's remaining 17.5% interest for $6 million in cash and shares to streamline decision-making and accelerate development, raised $12.5 million through a placement to the QIC Critical Minerals Fund to fund pre-feasibility studies and exploration, and continues advancing multiple open pit and underground mining options at Mount Hope, Nil Desperandum and Lady Fanny deposits with a pre-feasibility study targeted for completion in the second half of 2025 alongside permitting applications.