Denver Gold Group > Member Company Profile > Allied Gold Mining Plc


Address

Building 23, 2404 Logan Road
Eight Mile Plains, QLD 4109
Australia


Value Drivers

  • Emerging Pacific Rim producer
  • Gold output +200,000 ozpa in 2011
  • Options to increase to +300,000 ozpa
  • Reserves 3.4 Moz, Resources 8.6 Moz
  • 100% unhedged, modest debt

Management

Chairman: Mark V Caruso
CEO/President/MD: Frank Terranova
CFO: Stephen Kelly
Other Key Staff: Ross Hasting - GM Resources
Phil Davies - Chief Geologist
Peter du Plessis - Simberi Gold Site GM
Darren Gibcus - Gold Ridge Site GM

IR Contact

Simon Jemison
+61 7 3252 5911

www.alliedgold.com.au


Cautionary Information

© Copyright 2012, Denver Gold Group & Allied Gold Mining Plc.

Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Last Updated: September 12, 2011
Information is qualified - read footnotes

Allied Gold Mining Plc

London Stock Exchange : ALD


Status: Producer
Primary Mineral: Gold
Primary Country of Operation: Papua New Guinea
Other Countries of Operation: Solomon Islands

Allied Gold is an emerging Pacific Rim gold producer with gold production, exploration and development projects in Papua New Guinea and in the Solomon Islands.


Annual Production
Gold, koz per year
GEOs: No 

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101, GEOs: No 

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.


Other Markets Traded On

ALD:CN


Top Shareholders

  • M & G Investment Management
  • Franklin Resources
  • Legal & General Investment
  • Capital Research Global Investors
  • Baker Steel Capital Managers

Capital Structure

Common Shares Outstanding: 199,755,017
Float (%): 100
Warrants Outstanding: 0
Options Outstanding: 9,922,915
Fully Diluted Shares: 209,677,932

Stock as of February 17, 2012

  Local: GBP USD
Stock Price: 1.18 1.87
52-Week Range: 2.90 - 1.15 4.59 - 1.82
Market Cap: 236 MM 373 MM
Fully Diluted Market Cap: 248 MM 392 MM
1-Year Return: -50.482%  




Notes

1) 2006 Reserves & Resources are undepleted (no mining activity); all JORC compliant; as published in 2006 Annual Report.
2) 2007 Reserves & Resources are undepleted (no mining activity); all JORC compliant;
a) Resources include updated Pigicow & Bekou (Golder – Nov 2006).
3) Reserves & Resources are depleted to end August 2008; all JORC compliant.
a) Resources: Sorowar (Golder - Oct 2008); Pigiput (Golder - Nov 2008); Pigicow & Bekou (Golder - Nov 2006); Samat, Pigibo, Boltu (Minstat – 2003).
b) Reserves: Depletions are calculated by subtraction of mining production to end Aug 2008.
4) Reserves & Resources are depleted to end Jul 2009; all JORC compliant;
a) Resources include updated Sorowar (Golder - February 2009) & Pigiput (Golder - May 2009).
b) Reserves are NI43101 complaint (Nov 2009) & exclude Samat.
5) Reserves & Resources are depleted to end May 2010 (Pigiput, Pigibo & Samat) & end Jul 2010 (Sorowar & Botlu).
a) Reserves & Resources are JORC & NI43101 compliant.
b) Resources include updated Pigibo & Pigiput (Golder – July 2010) & Samat (Golder - August 2010)
c) 2010 Reserves & Resources include Gold Ridge.
6) Reserves & Resources are JORC & NI43101 compliant
a) Reserves depletion by subtraction of mining production to end June 2011.
b) 2011 Resources depleted to July 2011 using surface pickups; includes Botlu (Minstat 2003) Resource to be consistent with the Reserves that are based on the same model
c) 2011 Reserves & Resources include Gold Ridge.