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Sphere Minerals Limited Company Snapshot
Business Description:
Sphere Minerals Limited operates in the Iron ores sector. Sphere Minerals limited is an Australian-based company engaged in mineral exploitation activities in Mauritania, West Africa. During the fiscal year ended June 30, 2011, the Company's Mauritanian Iron Ore projects were continuing. For Guelb el Aouj Iron Ore Project with 50% interest, the Company and its joint-venture partner, SNIM (Societe Nationale Industrielle et Miniere) have commenced drilling on the Bou Derga and Tintekrate deposits in the southern half of the EL Aouj license area. Preliminary engineering work was being undertaken to address key longer term water, energy and infrastructure requirements. For Askaf Iron Ore Project with 100% interest, the mineral resource at Askaf North was updated in May 2011. As of June 30, 2011, the Company had one wholly owned indirect subsidiary, Sidero Pty Limited.
   
   
 
  Stock Performance Chart for Sphere Minerals Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (1/16/2012): 3.00
(Figures in Australian Dollars)
1 Week n/a   13 Weeks n/a  
4 Weeks n/a   52 Weeks n/a  
 
Sphere Minerals Limited Key Data:
  Ticker: SPH Country: AUSTRALIA
  Exchanges: LON Major Industry: Metal Producers & Products Manufacturers
    Sub Industry: Iron Ore Producers
  2004 Sales 3,214,897
(Year Ending Jan 2005).
Employees: 5
  Currency: Australian Dollars Market Cap: 514,044,453
  Fiscal Yr Ends: December Shares Outstanding: 171,348,151
  Share Type: Ordinary Closely Held Shares: 91,906,593
 
 
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