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 30 June 2006, Challenger had produced more than a quarter of million ounces of gold at an average cash operating cost of A$332 per ounce, cementing Dominion’s position as one of Australia’s leading mid-tier gold producers.

Production from Challenger is forecast to continue at the rate of approximately 100,000 ounces per annum, with the Company’s core objective being to replace annual production in order to maintain a minimum 3-year mine life.

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.

(Return to top of page)