Stocks of the Hour: Rex Minerals, Gold Mountain, FBR
A snapshot of the stocks on the move, featuring Rex Minerals (ASX:RXM), Gold Mountain (ASX:GMN) and FBR Limited (ASX:FBR).
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Rex Minerals Limited
Headquartered in Australia, Rex Minerals Ltd is an ASX listed exploration and development company with Projects in South Australia and Nevada, USA.
The Hillside Project is the Company’s flagship asset and is situated on the Yorke Peninsula, South Australia. The Project is planned as an open pit mine with a concentrator. The mine life is 13 years and over that time the Project will produce 468,000 tonnes of copper and 339,000 ounces of gold in concentrate.
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