Emmerson Resources Limited
ERM.AX
Australian Securities Exchange0.31
AUD
- -
- -
Emmerson Resources Limited
ERM.AX
(Australian Securities Exchange)
Recent
price
0.31
P/E
ratio
- -
div
yld
- -
ROIC.AI
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.- Similar Companies
- Business
- Emmerson Resources Limited (ASX:ERM) is a Perth-based mineral exploration company focused on gold, copper and cobalt deposits; it maintains an emerging gold royalty business alongside active exploration activities. The company holds a dominant 1,700 square kilometre landholding covering 90% of the high-grade Tennant Creek Mineral Field in Australia's Northern Territory, including key deposits such as White Devil (611,400 ounces at 4.2 g/t gold), Golden Forty (133,900 ounces at 4.5 g/t gold) and other prospects contributing to a total resource inventory of approximately 987,400 ounces; it also controls interests in the Hermitage, Wellington, Kiola, Kadungle and Fifield copper-gold projects within the Macquarie Arc in New South Wales. Emmerson was founded in 2005 and is headquartered at 43 Ventnor Avenue, West Perth, Western Australia. In recent developments, the company advanced its Tennant Creek joint venture with Tennant Consolidated Mining Group—a wholly-owned subsidiary of Pan African Resources—by designating the White Devil deposit as a Major Mine Joint Venture, retaining a 40% contributing interest alongside Tennant Mining's 60% share, with an updated Mineral Resource Estimate due in October 2025 and a Feasibility Study targeted by year-end; concurrently, Golden Forty shifted to a Small Mines Joint Venture structure, granting Emmerson an uncapped 6% gross production royalty while Tennant Mining assumes full development responsibility. These structures leverage proximity to Tennant Mining's Nobles CIL gold processing facility, commissioned in April 2025 with first gold in May, positioning Emmerson for dual revenue streams from equity participation in large-scale projects and low-risk royalties from smaller deposits.