About Dominion
Business Overview
 
 

Dominion Mining Limited is a publicly listed Australian gold producer and explorer, with a high-margin gold mine in South Australia and a suite of prospective exploration projects spanning three Australian States.

Dominion's shares are quoted on the Australian Stock Exchange (ASX ticker: DOM) while Sponsored American Depositary Receipts representing its shares are traded in the United States of America.

Dominion's key asset is the 100%-owned Challenger Gold Mine located in South Australia, which has been in production since October 2002, initially as an open pit operation before subsequently transitioning to full-scale underground production in early 2005.

To the end of June 2010, a total of 647,205 ounces have been produced from Challenger at an average operating cost of $399/oz.

The current ore reserves are sufficient to underpin a 7-year mine life based on current annual production levels of around 100,000 ounces.

Dominion has a commitment to maintain the highest standards of health, safety & environment at all its operations, and has an excellent safety record at the Challenger mine site.

Underpinned by cash flow from Challenger, Dominion has a significant commitment to exploration for gold, base metals and other commodities in Australia, with much of this effort focused on intensive exploration at Challenger to maintain and, potentially, increase its gold reserve inventory.

Regional exploration programs are underway at prospective projects including the South West Yilgarn Project in Western Australia and the Wongan Hills base metal project, located 120km north east of Perth also in Western Australia. The objective of these programs is to generate a substantial new mineral discovery with the potential to add significant value to the Company.