Millennium Minerals

company

About

A Western Australian gold producer .

  • 101 - 250

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$17.50M
Industries
Mineral,Mining,Precious Metals
Founded date
Apr 1, 1987
Number Of Employee
101 - 250
Operating Status
Active

Millennium Minerals is an ASX-listed gold producer focused on its 100%-owned Nullagine Gold Project in the East Pilbara region of Western Australia. Millennium is debt free and currently produces approximately 80,000 ounces of gold per annum from the Nullagine Project, with strong free cash generation.The Nullagine Project has a Mineral Resource inventory totalling 1.3 million ounces of gold, and studies are now underway to deliver a step-change increase in production and mine life targeting a +5 year mine life based on annual production of +100,000 ounces per annum.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$17.50M
Millennium Minerals has raised a total of $17.50M in funding over 2 rounds. Their latest funding was raised on Jun 6, 2018 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 6, 2018 Post-IPO Debt $17.50M 1 Investec Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Millennium Minerals is funded by 1 investors. Investec are the most recent investors.
Investor Name Lead Investor Funding Round
Investec Yes Post-IPO Debt