Type | Public |
---|---|
ASX: WKT | |
Industry | Resources [1] |
Predecessor | Nimrodel Resources |
Founded | 2011 |
Headquarters | |
Area served | Africa, British Isles |
Key people | Andrew Cunningham (chief executive) [2] [3] Michael Elliott (non-executive chair) [2] [3] |
Products | Graphite, base metals, gold |
Total assets | A$1,192,360 (2020) [4] |
Total equity | A$16,990,619 (2020) [4] |
Website | wkt |
Walkabout Resources is an Australian-based minerals developer with projects in Tanzania, [5] Northern Ireland, [6] Scotland [7] and Namibia. [8]
Founded in Perth, Western Australia, Walkabout Resources entered the Australian Securities Exchange in 2011 through a reverse listing with Nimrodel Resources. [9] The company’s stated goal is to explore and develop diverse mineral projects in Africa. [10]
Early exploration activity included the Takatokwane coal project in Botswana [11] and two projects in Tanzania – copper at Kigoma and platinum group elements at Makete. [9]
The company was accepted into the European Raw Materials Alliance in May 2021. [12] [13]
Discovered in 2015, Walkabout Resources is developing the Lindi Jumbo graphite project in south-east Tanzania, 200km from the port of Mtwara. [14] The deposit contains high-grade (17.9% TGC) natural large flake graphite concentrate, with up to 50% of the total graphite in the premium priced super jumbo (+500µm) and jumbo (+300µm) categories. [14] [7] Construction commenced in late 2021 with equity funding. US$20m of Debt funding with Gemcorp was secured in July 2023 and construction is due to be completed in late 2023. [15] [5] 100% of graphite concentrate offtake has been contracted to Wogen International.
When in production in 2024 with an expected 40kt of concentrate being sold, Benchmark International assesses Lindi Jumbo to be the highest margin graphite mine in the world based on its premium large flake distribution & its high grade.
As of 2021, Walkabout Resources is carrying out exploration programmes for gold and base metals in Northern Ireland, Scotland and Tanzania. [8]
Graphite is a crystalline form of the element carbon. It consists of stacked layers of graphene. Graphite occurs naturally and is the most stable form of carbon under standard conditions. Synthetic and natural graphite are consumed on large scale for uses in pencils, lubricants, and electrodes. Under high pressures and temperatures it converts to diamond. It is a good conductor of both heat and electricity.
Newcrest Mining Limited is an Australian-based corporation which engages in the exploration, development, mining and sale of gold and the froth flotation product, gold-copper concentrate. It is Australia's leading gold mining company and its operations have expanded beyond Australia, for example Indonesia, thus becoming a prominent international mining corporation. Newmont initially started the company as a subsidiary in 1966. The subsidiary became Newmont Holdings Pty Ltd in 1980 and in 1990 acquired 100 per cent of Australmin Holdings Limited taking the current name.
Gray iron, or grey cast iron, is a type of cast iron that has a graphitic microstructure. It is named after the gray color of the fracture it forms, which is due to the presence of graphite. It is the most common cast iron and the most widely used cast material based on weight.
Lindi Region is one of Tanzania's 31 administrative regions. The region covers an area of 66,040 km2 (25,500 sq mi). The region is comparable in size to the combined land area of the nation state of Sri Lanka. The regional capital is the municipality of Lindi.
The Wiluna Gold Mine is an inactive gold mine in Western Australia near the town of Wiluna. The mine was active from 1984 until its closure in 2007 when it was put into care and maintenance, and again from late 2008 to June 2013 when the owners, APEX Minerals, went into receivership. Following this, the mine had been placed in care and maintenance again in 2013. In January 2014 it was announced that the mine would be sold to Blackham Resources, with the deal to be finalised by March 2014. Mining resumed in 2016 and Blackham was renamed to Wiluna Mining Corporation in 2020. In July 2022, the Wiluna Mining Corporation entered voluntary administration, with mining ceasing in December 2022 and processing in February 2023.
The Burbanks Gold Mine is a gold mine located 9 km south east of Coolgardie, Western Australia.
The Frog's Leg Gold Mine is a gold mine located 19 km west of Kalgoorlie, Western Australia, owned and operated by Australian company Evolution Mining Limited, who purchased the mine in 2015.
The Youanmi Gold Mine is a gold mine 82 km south-southwest of the town of Sandstone. It is near the abandoned town of Youanmi, in the Murchison Region of Western Australia.
The Thunderbox Gold Mine is a gold mine 41 km south-east of Leinster, Western Australia. It was formerly owned by Norilsk Nickel, which placed it in care and maintenance in 2007, but is now owned by Northern Star Resources.
The Big Bell Gold Mine is a gold mine located at Big Bell, 24 km north-west of Cue, Western Australia. The mine was owned and operated by Harmony Gold at the time of its closure in June 2003, having produced 2.6 million ounces of gold during its lifetime, but was sold to Aragon Resources Limited in January 2010.
Lynas Rare Earths, Ltd. is an Australian rare-earths mining company with two major operations: a mining and concentration plant at Mount Weld in Western Australia, and the Lynas Advanced Materials Plant (LAMP) in Kuantan, Malaysia. The company was founded in the 1990s and is headquartered in Perth, Western Australia.
Energy Transition Minerals Ltd is an ASX-listed company focused on the exploration, development and financing of minerals that are critical to a low carbon future. The company’s current projects include the Kvanefjeld, located in Greenland, and Villasrubias, located in Spain.
Jumbo Interactive Limited is an Australian corporation and reseller of lottery games in Australia under agreement with government licensed lottery operator Tatts Group. Jumbo Interactive operates ozlotteries.com, one of Australia's largest e-commerce websites retailing Australian lotteries, such as Saturday Lotto, Oz Lotto and Powerball. Jumbo Interactive is a publicly listed corporation on the Australian Stock Exchange (ASX:JIN).
Westwater Resources, Inc. (WWR), is an explorer and developer of US-based mineral resources essential to clean energy production. The company has operated some uranium facilities in the past, however they have recently been exploring graphite and vanadium. Vanadium is a critical mineral which currently sees little to no production in the US, and graphite is anticipated to see a rise in demand for batteries due to accelerating electric vehicle production. Westwater is now focused on developing an advanced battery graphite business in the state of Alabama.
The Uley graphite project is a graphite mine at Uley 23km southwest of Port Lincoln on the Eyre Peninsula in South Australia. It is also known as the Ouray mine. The mine is under "care and maintenance".
Valence Industries was the company that owned the Uley Graphite Project and associated facilities near Port Lincoln in regional South Australia. The project is one of the largest coarse flake graphite deposits in the world, and is acknowledged as a significant area of graphite mineralisation. Valence Industries changed its name to Quantum Graphite Limited on 14 July 2017. The company's shares are suspended from trading and it is subject to a deed of company arrangement.
Northern Star Resources is an Australian gold mining company with operations in Western Australia, Northern Territory and Alaska.
The Duketon Gold Project is a gold mining operation located between 100 km (62 mi) and 130 km (81 mi) north of Laverton. It is owned by the Australian mining company Regis Resources.
Regis Resources is an Australian-based, Australian Securities Exchange-listed (ASX) gold producer and explorer based in Subiaco, Western Australia.