Medinah Minerals, Inc.
MDMN
Other OTC0.00
USD
- -
- -
ISIN
US58489M1099
CUSIP
58489M109
Return %
Stock
S&P500
1Y
9,900.00
26.53
3Y
-95.00
76.60
5Y
-96.77
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
- Raul Del Solar
- Full Time Employees
- 2
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 3021 East 98th Street Indianapolis IN United States of America 46280
- IPO Date
- Jul 11, 2001
- Website
- medinah-minerals.com
- Similar Companies
- Business
- Medinah Minerals, Inc. (MDMN) operates as a holding company focused on mineral exploration and development through its subsidiaries, primarily holding a 23% carried interest in AURYN Mining Chile SpA; this interest encompasses key copper and gold projects including the Altos de Lipangue claims covering approximately 10,500 hectares in Chile's Santiago Region, the POLO 1-780 claims in the VIII Region, and associated placer and hard rock claims such as the JOTA Property (6,350 hectares total), Los Amigos #10 gold claim, and Gordon Breccia properties. The company targets precious and base metals including gold and copper, serving mining industry participants through joint ventures and equity stakes in exploration, drilling, and potential production activities concentrated in Chile. Founded in 1989 and headquartered in Las Vegas, Nevada (with prior references to Indianapolis, Indiana), Medinah Minerals maintains operations exclusively in Chile via local partnerships, leveraging relationships developed over 25 years with Chilean nationals for claim acquisitions and development. Recent developments include AURYN Mining Chile SpA's ongoing advancements as of 2025, such as planning exploitation projects at two new extraction points each with 1,000 tons per month capacity for SERNAGEOMIN approval in January 2025, road improvements in the Lipangue Mining District to enhance safety and reduce downtime, aggressive exploration at Pegaso Nero and Merlin-Fortuna targets funded by Caren Mine production cash flow, and potential cash distributions to shareholders post-first quarter of full production; additionally, historical context features a 2015 joint venture option granting AURYN an exclusive 36-month right to acquire 85% of Altos de Lipangue for up to $100 million while retaining Medinah's 15% equity, alongside share distributions notified in 2019.