Last Price
0.415
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Avg Volume (4 weeks)
20,847
4 Weeks Range
0.375 - 0.43
4 Weeks Price Volatility (%)
52 Weeks Range
0.35 - 0.695
52 Weeks Price Volatility (%)
Previous Close
0.415
Open
0.00
Bid
0.41 x 1,000
Ask
0.435 x 500
Day's Range
0.00 - 0.00
Trading Volume
0
Sector: Mining and Quarrying
Sector: Mining and Quarrying
Description:
Southern Alliance Mining Ltd. is engaged in investment holding and provision of management services. The Company is a high-grade iron ore producer. It is involved in the exploration, mining, and processing of high-grade iron ore in Malaysia. Its primary mining asset, the Chaah Mine (the Mine), is an open mine pit consisting of about two mining leases and covering an aggregate area of approximately 225.7 hectares (ha). In addition to the Mine, the Company has the right to carry out exploration and mining operations at three iron ore mines located in Johor, Malaysia (Exploration Assets). It also acquired an additional mining lease of approximately 159.8 ha, adjacent to one of their Exploration Assets, Mao'kil mine. It primarily sells iron ore concentrate and pipe coating materials to steel mills and trading companies mainly located in Malaysia and China. The Company's subsidiaries include Honest Sam Development Sdn. Bhd., and SAM Mineral Trade Sdn. Bhd., among others.