De Grey Mining Limited

De Grey Mining Limited is an Australian exploration and development company focused on gold exploration in Western Australia. The company's flagship project is the Pilbara Gold Project, which covers over 1,500 square kilometers of the Pilbara region in Western Australia. The project includes several gold deposits, including the Mallina Gold Project, the Toweranna Gold Project, and the Withnell Gold Project. De Grey Mining Limited is listed on the Australian Securities Exchange (ASX) under the ticker code DEG. The company was founded in 2002 and is headquartered in West Perth, Western Australia.

Stock Quotes

De Grey Mining Limited is an Australian exploration and mining company that focuses on gold exploration and development. The company has a competitive edge in the following ways:

1. High-grade gold deposits: De Grey Mining Limited has discovered high-grade gold deposits in its Pilbara Gold Project, which is one of the largest gold deposits in Western Australia. The company's exploration efforts have resulted in the discovery of several gold deposits, including the Hemi Gold Discovery, which has a resource estimate of 6.8 million ounces of gold.

2. Strong financial position: De Grey Mining Limited has a strong financial position, with cash and cash equivalents of AUD 133.5 million as of June 30, 2021. The company has raised funds through equity placements and has no debt, which gives it the financial flexibility to pursue its growth strategy.

3. Experienced management team: The company's management team has extensive experience in the mining industry, with a track record of successful exploration and development projects. The team has a deep understanding of the geology and mineralization of the Pilbara region, which gives the company an advantage in identifying and developing high-grade gold deposits.

4. Strategic partnerships: De Grey Mining Limited has formed strategic partnerships with major mining companies, including Novo Resources Corp and Kirkland Lake Gold Ltd. These partnerships provide the company with access to additional resources and expertise, which can help accelerate the development of its projects.

Overall, De Grey Mining Limited's competitive edge lies in its high-grade gold deposits, strong financial position, experienced management team, and strategic partnerships. These factors position the company well for future growth and success in the mining industry.


1. Limited production: De Grey Mining Limited has a relatively small production capacity compared to its peers, which limits its ability to generate revenue and compete in the market.

2. Limited resources: The company has limited financial and human resources, which can hinder its ability to explore and develop new mining projects.

3. Limited geographical presence: De Grey Mining Limited operates primarily in Western Australia, which limits its exposure to other mining regions and potential growth opportunities.

4. Lack of diversification: The company's focus on gold mining limits its ability to diversify its revenue streams and protect against market fluctuations.

5. Reliance on exploration: De Grey Mining Limited relies heavily on exploration to identify new mining projects, which can be a risky and time-consuming process.

6. Vulnerability to environmental and regulatory risks: The mining industry is subject to strict environmental and regulatory standards, and any violations or accidents can have significant financial and reputational consequences for the company.

7. Limited market share: De Grey Mining Limited has a relatively small market share compared to its larger peers, which can limit its bargaining power with suppliers and customers.

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Primary Info
Date Established
Ground Floor 2 Kings Park Road, West Perth, WAT 6005, Australia
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Meta Title
De Grey Mining
Meta Description
De Grey Mining is a mineral exploration and development company with a focus on gold and base metals in the Pilbara region of Western Australia.
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mining, exploration, resources, gold, copper, nickel, iron ore, zinc, lead, silver, uranium, cobalt, lithium, rare earths, base metals, energy minerals, Degrey Mining, Australia

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