Kingsrose Mining Limited
KRMMF
Other OTC0.03
USD
- -
- -
ISIN
AU000000KRM1
Return %
Stock
S&P500
1Y
-50.00
26.53
3Y
-50.00
76.60
5Y
-50.00
80.11
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Terence Neil Holohan
- Full Time Employees
- 22
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 45 Ventnor Avenue Nedlands WA Australia 6005
- IPO Date
- Feb 16, 2022
- Website
- kingsrosemining.com.au
- Similar Companies
- Business
- Kingsrose Mining Limited (ASX:KRM) operates as a mineral exploration company focused on critical minerals including platinum group elements (PGEs), nickel, copper, cobalt, palladium, and gold; it conducts discovery-oriented exploration programs emphasizing technical excellence, environmental stewardship, and community engagement in stable Scandinavian jurisdictions. The company holds a portfolio of key projects comprising the flagship Penikat Project in Lapland, North-Western Finland, a high-grade PGE-nickel-copper deposit with a JORC Exploration Target of 21 to 32 million tonnes at 4.0 to 7.4 g/t 6E for 2.8 to 7.7 million ounces of PGEs; the Råna Project in Nordland County, Norway, a brownfield nickel-copper-cobalt site prospective for massive sulphide mineralization near Narvik's deep-water port; the Finnmark Project in northern Norway, encompassing 2,736 square kilometres across two mineral belts in the Karasjok Greenstone Belt with 81 identified targets for nickel-copper-cobalt-PGE sulphides; and the Central Finland Project in the Kotalahti Nickel Belt, covering 1,198 square kilometres including the recently acquired Jakon Nickel-Copper-Cobalt Project from Rio Tinto Exploration Finland. Kingsrose targets the European Union market for critical minerals essential to clean energy transitions, such as PGEs for catalytic converters and nickel for electric vehicle batteries, while operating exclusively in Norway and Finland to leverage underexplored greenstone belts analogous to major deposits like Kevitsa and Sakatti. Founded in 2005 and headquartered in Nedlands, Western Australia, the company maintains 100% ownership of its Norwegian licences and advances projects independently or through alliances, excluding Penikat and Råna from certain partnerships. In recent developments, Kingsrose entered exploration alliance agreements with BHP in May 2024 under the BHP Xplor program, securing up to A$31 million in funding over four years for regional exploration across agreed areas in Norway and Finland, with BHP committing US$5 million annually during the project generation phase and holding options to earn up to 75% interest in discoveries; the company also continues intercepting new zones of nickel-copper mineralization at Råna, plans drilling commencement at Penikat and Karenhaugen in 2025 pending permits, and pursues acquisitions of advanced copper and precious metals projects globally using its strong cash position of approximately A$26 million.