De Grey Mining Ltd

De Grey Mining Ltd

Mining

West Perth, Western Australia 10,738 followers

De Grey Mining (ASX: DEG) is a WA-based mining company growing one of Australia's most exciting new gold discoveries.

About us

De Grey Mining Limited (ASX: DEG) is a Western Australian gold explorer and project development company. The Company’s activities are focussed on the 100% owned Hemi Gold Project in the Pilbara region of WA. Here De Grey has made a large scale, high value, near surface gold discovery at an area called Hemi. The Hemi discovery is rapidly moving towards De Grey’s goal of defining a Tier 1 project with true district-scale potential. Mineralisation in the Hemi area has been identified over a large area and an 10.5 million ounce mineral resource was released in November 2023. The discovery remains open in multiple directions. The total Hemi Project Mineral Resource is now 12.7 million ounces. De Grey’s recent focus on expanding Hemi means many prospective targets remain untested throughout the wider Hemi Project area. High priority targets are being progressively drill tested.

Industry
Mining
Company size
51-200 employees
Headquarters
West Perth, Western Australia
Type
Public Company
Founded
1998

Locations

  • Primary

    2 Kings Park Rd

    Ground Floor

    West Perth, Western Australia 6005, AU

    Get directions

Employees at De Grey Mining Ltd

Updates

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    10,738 followers

    De Grey proudly supported the 2024 Pilbara Pride Festival for the second consecutive year. The #PilbaraPrideFestival is a weeklong annual event that aims to create awareness and visibility and celebrates Pride and the LGBTIQA+ community in the wider Pilbara region. Natalie and Gabby from our Community and Social Performance team were proud to receive our certificate of support from Gloria, Port Hedland Lesbians, Allies and Gays Society (#PHLAGS+) Secretary, last week. We look forward to continuing our support in the years ahead. #DEG #HemiGoldProject #PridePilbara

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    10,738 followers

    On Wednesday evening, we held our inaugural Business After Hours event in collaboration with the Port Hedland Chamber of Commerce Inc. Our Contracts and Procurement team shared insights on upcoming tender opportunities and how local businesses can get involved. It was a tremendous success, and we appreciate the fantastic turnout. We look forward to continuing to engage with the Port Hedland community as our business grows. #DEG #HemiGoldProject #CommunityEngagement #PortHedland

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    10,738 followers

    Yesterday, we had the privilege of donating monitors, docking stations, keyboards, and cables to the amazing Sam from Sam's Spares. Sam's Spares is a completely volunteer-run non-profit organisation dedicated to saving unwanted IT e-waste from landfills. Led by Samuel Thomas, a young man passionate about community, the environment, and technology, Sam and his team of volunteers repair and refurbish computers, laptops, mobile phones, gaming systems, and other electronics. They then provide these items free of charge to those in need across Western Australia. As an individual with autism and Tourette syndrome, Sam works to challenge the stigmas and limitations faced by his neurodivergent community. Sam's goal for 2024 was to refurbish AUD 1 million worth of IT Technology for the WA Community, and well and truly surpassed that in just 6.5 months. This equates to around 2,800 IT devices donated to the community. We look forward to continuing to work with Sam and supporting the outstanding work he does for the WA community. #DEG #HemiGoldProject #CommunityEngagement

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  • De Grey Mining Ltd reposted this

    Port Hedland Chamber of Commerce and Industry would like to invite you our September Business After Hours hosted by De Grey Mining Ltd to be held at the PHCCI Tradie Hub. Please join De Grey’s Contacts, Procurement, Community and Social Performance teams for an update on the Hemi Gold Project! The team will provide an overview on De Grey’s contracts and procurement procedure, including the process of business registration, submitting expressions of interest and upcoming work packages that will be released. We hope you can join us for an exciting night! Please RSVP Via the link https://lnkd.in/g7Jb9pYX

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    We invite you to explore our 2024 Annual Report, where we reflect on a year of significant achievements and look ahead to an exciting future.   Our Chairman, Simon Lill, reflects on a pivotal year for gold, as prices around A$3,700 per ounce mark a turning point for the industry. Four and a half years after the Hemi gold discovery, we are more committed than ever to bringing Hemi into production.   This year we have achieved key milestones, including the release of our Hemi Definitive Feasibility Study and substantial progress on project financing and environmental approvals. These accomplishments are driving us forward as we prepare to enter the next phases of development.   We encourage all our stakeholders to read the full report to gain a deeper understanding of our strategy and the exciting opportunities that lie ahead.   Read the full report here: https://bit.ly/3yYbm25   Glenn Jardine   #DeGreyMining #DEG #HemiGoldProject #Pilbara #Gold #WesternAustralia #AnnualReport 

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    Our Managing Director Glenn Jardine was pleased to meet with the Minister for Resources and Northern Australia, Hon. Madeleine King MP in Karratha today following an agreement with the Northern Australia Infrastructure Facility (NAIF) for a $150 million loan to support the development of our flagship Hemi Gold Project in the Pilbara region.   This significant funding forms part of a planned senior debt facility for which we have already received credit approved term sheets from a number of leading commercial banks.   Hemi is not just the cornerstone of our growth strategy, but it will also be a key contributor to the economic diversification of the Pilbara. The development will deliver long-term regional infrastructure and open up new mineral processing capabilities in one of Western Australia’s mining heartlands.   Our commitment to working closely with the Kariyarra People, the Native Title holders of the Hemi lands, remains paramount. The project will create valuable economic, employment, and vocational opportunities while supporting the preservation of Aboriginal cultural heritage through initiatives like a proposed ranger program.   Finalising the documentation for the debt funding package remains on track for the December 2024 half-year.   Read the full announcement there: https://bit.ly/3X35Vah Craig Doyle Shane Boladeras   #DeGreyMining #DEG #HemiGoldProject #NAIF #Pilbara #Mining #Gold #WesternAustralia

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    Our GM People & Capability, Courtney, attended AMEC (Association of Mining and Exploration Companies)'s Boardroom Lunch with the Hon. Minister Simone McGurk MLA yesterday hosted by Kingston Reid, alongside fellow AMEC members.   Simone, Minister for Training and Workforce Development; Water; Industrial Relations, participated in an extensive discussion covering a wide range of topics. These included water availability as well as strategies to grow the pipeline of skilled people needed to drive the nation's renewable energy transition. Attendees also had the opportunity to pose various questions to the Minister and AMEC's WA Director of Policy, Neil van Drunen.   We would like to extend our thanks to both AMEC and Kingston Reid for hosting and facilitating an informative session. #DEG #HemiGoldProject #AMEC

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    Members of our Executive Leadership team have had the privilege of meeting with ministers, departments, and agencies from both state and federal governments in recent weeks. These engagements have been a fantastic opportunity to showcase our Hemi Gold Project and the significant economic and social benefits it brings to the region, state and the country. We are always grateful for the chance to engage with government leaders and appreciate the positive reception as we continue to advance Hemi. #DEG #HemiGoldProject #GovernmentRelations #StakeholderEngagement

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    10,738 followers

    De Grey Mining is pleased to share the full recording of Managing Director, Glenn Jardine’s presentation at the Diggers & Dealers Mining Forum 2024. This presentation offers a comprehensive outline for the road ahead for our Hemi Gold Project.    In his presentation, Glenn discussed our strategic roadmap, emphasising our commitment to becoming a top five Australian gold producer. He provided updates on project implementation activities and progress towards FID, with board approval granted for detailed engineering, ordering long lead items, contractor engagement and early works where approvals allow.    Glenn also outlined our aim of delivering new discoveries near surface and at depth to support increased future production rates and mine life.    Watch the full presentation here ➡️https://bit.ly/3yzHCbz   #DeGreyMining #DiggersAndDealers2024 #GoldMining #HemiGoldProject #WesternAustralia

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    10,738 followers

    De Grey is proud to sponsor the Pink Pilbara Breakfast for a second consecutive year. All funds raised at the Breakfast are reinvested into providing year-round cancer prevention, screening and support services to local women, including:    - Lifesaving cancer screening and health checks - Cancer rehabilitation physiotherapy with Pilbara Therapy Services  - Quarterly Cancer Support Group lunches  - Cancer Peer Support events such as exercise, nutrition and mental health workshops   - Advocating for cancer patients and carers on an individual and community level - Free counselling for those on a cancer journey as well as their carers. We extend our heartfelt gratitude to the Hedland Well Women's Centre for their exceptional efforts in supporting and enhancing the health and wellbeing of women in Hedland and surrounding areas. Their work is truly remarkable and commendable. #DEG #hemigoldproject #pilbara #communitysupport

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Funding

De Grey Mining Ltd 3 total rounds

Last Round

Post IPO equity

US$ 3.4M

See more info on crunchbase