Regency Mines plc (AIM: RGM; Frankfurt: RM4) is listed on the Alternative Investment Market of the London Stock Exchange Ltd in London and on the Frankfurt Exchange. It is also traded on the PLUS Markets platform. The Company’s principal asset is the joint venture with Direct Nickel Ltd (DNi) in the Mambare nickel-cobalt project in Papua New Guinea. Regency is also a significant shareholder in DNi which owns a laterite nickel treatment technology at pilot plant stage.
Regency adds value to its assets by systematic exploration and development of these assets, and by joint venture, acquisition, and disposal of mineral resource interests.
The company’s principal interests are:
• The Mambare lateritic nickel/cobalt deposit in Papua New Guinea.
• The Munglinup / Ravensthorpe project in Western Australia with a sulphide discovery made by aircore drilling in 2010.
• Licenses at Kambalda, Western Australia of significant gold/nickel potential.
• The Bundarra mining camp in Queensland, a granodiorite pluton with a history of gold and copper production.
• Approximately 20.96% of AIM-listed Red Rock Resources plc, a gold exploration and production company founded by Regency with strategic stakes in steel feeds and in uranium/rare earths.
• 11% of Oracle Coalfields Plc, which operates in the Sindh Province, Pakistan.