Xanadu Mines Limited
XANAF
Other OTC0.06
USD
- -
- -
ISIN
AU000000XAM0
Return %
Stock
S&P500
1Y
50.00
26.57
3Y
300.00
76.60
5Y
100.00
78.48
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Colin Francis Moorhead
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 680 George Street Sydney NSW Australia 2000
- IPO Date
- Feb 24, 2014
- Website
- xanadumines.com
- Similar Companies
- Business
- Xanadu Mines Limited (XANAF) engages in the exploration and development of copper-gold and other mineral projects in Mongolia. The company operates its flagship Kharmagtai Copper-Gold Project through a 50:50 joint venture with Zijin Mining Group Co. Ltd. via Khuiten Metals Pte Ltd., which holds a 76.5% interest in the mining license located in Omnogovi Province, approximately 420 kilometers southeast of Ulaanbaatar; Red Mountain Copper-Gold Project, an early-stage exploration asset targeting porphyry-style mineralization in Dornogobi Province; and Sant Tolgoi Copper-Nickel Project, where Xanadu holds an earn-in right for up to 80% interest in magmatic nickel-copper sulphide deposits in Zavkhan Province. A Pre-Feasibility Study completed in late 2024 outlines a 29-year mine life at Kharmagtai with average annual production of 60,000 to 80,000 tonnes of copper and 165,000 to 170,000 ounces of gold. Founded in 2005, Xanadu Mines maintains headquarters in Sydney, Australia, with significant operations in Mongolia. In 2025, Bastion Mining Pty Ltd., backed by Boroo Pte Ltd. and Xanadu Director Ganbayar Lkhagvasuren, completes an off-market takeover of Xanadu at A$0.08 per share, representing a A$160 million enterprise value and resulting in compulsory acquisition of remaining shares after exceeding 90% ownership; the company delists from the ASX on August 6, 2025, and from the TSX on August 1, 2025. Earlier in the year, Xanadu enters exclusivity discussions with Zijin Mining Group in April 2025 for potential corporate transactions, which expire without completion in May 2025. Bastion provides interim funding via a A$17.2 million share subscription in May 2025 to support joint venture obligations during the takeover process.
Xanadu Mines Limited Exhibiting at Booth 2139, PDAC 2025 Convention in Toronto, March 2-5
Xanadu Mines Completes $5.5 Million Placement
Xanadu Mines Announces $5.5 Million Placement
Xanadu Mines Date of 2024 Annual General Meeting
Xanadu Mines Ltd (ASX Code: XAM) Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)
Xanadu Mines Exhibiting at Booth 2139, PDAC 2024 Convention in Toronto, March 3-6