Conquest Mining Explained

Conquest Mining
Type:	Public (ASX:CQT)
Location:	Australia
Industry:	Mining

Conquest Mining was a mining company based in Australia.^[1] In September 2010, it bought a 40% stake in the Pajingo mine in northern Queensland. Conquest is also developing a silver-gold-copper resource at Silver Hill^[2] and is involved in a number of other goldmining projects.^[3] The executive chairman is Jake Klein.^[4]

In late 2011 Conquest Mining Ltd merged with Catalpa Resources Ltd to form a mid-tier Australian gold producer, Evolution Mining.^[5]

Mount Carlton

Conquest signed a $1 billion offtake deal (for the largest deposit at Mount Carlton) with Shandong Guoda Gold, one of the largest gold smelters in China.^[6]

Total resources at Mt Carlton are now estimated to be 1.27 million ounces of gold, 40.6 million ounces of silver, and 71,800 tonnes of copper.^[2]

External links

• Conquest Mining website
• Evolution Mining's website

Notes and References

1. Web site: Mining Journal - Conquest Mining . dead . https://web.archive.org/web/20110628183211/http://www.mining-journal.com/company-news/conquest-mining . 2011-06-28 . 2010-09-16 . mining-journal.com.
2. Web site: 2009-11-27 . Conquest Mining Ltd 2009 Annual Report . dead . https://web.archive.org/web/20110223185406/http://www.conquestmining.com.au/pdf/492_.pdf . 2011-02-23 . 2010-09-16 . conquestmining.com.au.
3. Web site: Conquest Mining News . dead . https://web.archive.org/web/20100812042803/http://wotnews.com.au/news/Conquest_Mining/ . 2010-08-12 . 2010-09-16 . wotnews.com.au.
4. Web site: Jake Klein, new team to drive Conquest Mining . dead . https://web.archive.org/web/20110611064934/http://www.menafn.com/qn_news_story_s.asp?StoryId=1093331977 . 2011-06-11 . 2010-09-16 . menafn.com.
5. "Evolution merger may finally make sense". The Australian Retrieved 2013-09-02
6. News: Conquest Mining on track with $1bn China deal . 2010-09-16. The Australian . Sarah-Jane . Tasker . 2010-09-17.