HEEMSKIRK CONSOLIDATED LIMITED
Los Santos Now Producing
HSK - June 2008 Quarterly Activities Report - Mr Kevin Robinson, MD
Fri, 1 Aug 2008 02:15PM
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Mr Kevin Robinson
Fri, 1 Aug 2008
02:15PM Australia/NSW
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HEEMSKIRK CONSOLIDATED LIMITED (HSK)
ASX code: HSK
Website: http://www.heemskirk.com
Industry: Materials
Principal Activities:
Direct and indirect investment in the mining sector.
Address:
303 Collins Street, Level 5
MELBOURNE
VIC
Phone: (03) 9614 0666
Fax: (03) 9614 4466
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Company ASX Announcements
Company ASX announcements can be viewed on the ASX website.
Announcements from the preceding six months are shown below.
Please refer to the relevant stock exchange if any of the above information is incorrect
HEEMSKIRK CONSOLIDATED LIMITED (HSK) Events
| Company (Stock Code) | Date/Time | Event | Timezone: |
|---|---|---|---|
|
Thu, 27 Nov 2008 10:15AM |
HSK - 2008 Full Year Report - Mr Kevin Robinson, MD |
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Wed, 17 Sep 2008 02:00PM |
HSK - Excellence in Mining and Exploration Presentation - Mr Peter Bird, Executive Director, Corporate and Markets |
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|
Fri, 1 Aug 2008 02:15PM |
HSK - June 2008 Quarterly Activities Report - Mr Kevin Robinson, MD |
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|
Thu, 5 Jun 2008 02:45PM |
Resourceful Events Industrial and Precious Metals Day - Mr Peter Bird, Executive Director |
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|
Wed, 28 May 2008 12:45PM |
HSK - Half Yearly Report - Mr Kevin Robinson, MD |
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|
Wed, 30 Apr 2008 12:05PM |
HSK - Quarterly Report - Mr Kevin Robinson, MD |
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|
Tue, 15 Apr 2008 01:30PM |
HSK - Los Santos Tungsten Operation - Mr Kevin Robinson, MD |
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|
Fri, 22 Feb 2008 12:00PM |
HSK - 2007 Annual General Meeting - Mr Kevin Robinson, MD |
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|
Wed, 2 Jan 2008 12:30PM |
HSK - Pajingo Heads of Agreement/Unsecured Convertible Notes Issue - Mr Kevin Robinson, MD |
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|
Tue, 4 Dec 2007 01:30PM |
HSK - Emerging Companies Online Conference Presentation - Mr Kevin Robinson, MD |
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|
Tue, 30 Oct 2007 01:30PM |
HSK - Quarterly Activities Report - Mr Kevin Robinson, MD |
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|
Fri, 10 Aug 2007 12:30PM |
HSK - Financial and Activites Update, 2007 June Quarter - Mr Peter Bird, Executive Director |
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|
Wed, 16 May 2007 02:00PM |
HSK - Completes Long Term Tungsten Offtake Agreement - Mr Kevin Robinson, MD |
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|
Tue, 1 May 2007 01:00PM |
HSK - Second Quarter Activities Report - Mr Peter Bird, Executive Director |
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|
Thu, 22 Feb 2007 04:00PM |
HSK - 2006 Annual General Meeting Highlights - Mr Kevin Robinson, MD |
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|
Thu, 1 Feb 2007 01:30PM |
HSK - First Quarter Activities Report - Mr Kevin Robinson, MD |
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|
Tue, 28 Nov 2006 03:30PM |
HSK - 2006 Full Year Results Briefing - Mr Kevin Robinson, MD |
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|
Thu, 19 Oct 2006 11:15AM |
HSK - Reserves & Resources - Mr Kevin Robinson, MD |
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Wed, 30 Aug 2006 11:30AM |
HSK - Market Update - Mr Kevin Robinson, MD |
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Fri, 19 May 2006 02:00PM |
HSK - Market Update - Mr Kevin Robinson, MD |
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| Thu, 27 Nov 2008 | Full Year Results | ||
| Wed, 28 May 2008 | Interim Results | ||
| Thu, 21 Feb 2008 02:30PM |
Default RACV Club, Bayside Room, Level 2, 501 Bourke Street, Melbourne, Victoria
|
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| Thu, 21 Feb 2008 | Annual General Meeting | ||
| Thu, 14 Feb 2008 | Date Payable | ||
| Sun, 27 Jan 2008 | Record Date | ||
| Fri, 18 Jan 2008 | Ex Div Date | ||
| Wed, 23 May 2007 | Interim Results | ||
| Thu, 22 Feb 2007 10:00AM |
Annual General Meeting | ||
| Wed, 14 Feb 2007 | Date Payable | ||
| Thu, 1 Feb 2007 | Record Date | ||
| Thu, 25 Jan 2007 | Ex Div Date | ||
| Mon, 27 Nov 2006 | Full Year Results | ||
| Tue, 16 May 2006 | Interim Results | ||
| Wed, 15 Feb 2006 11:00AM |
Annual General Meeting RACV Club, Bayside Room 4, Level 2, 501 Bourke Street Melbourne VIC 3000
|
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| Thu, 24 Nov 2005 | Full Year Results | ||
| Wed, 16 Feb 2005 11:00AM 11:00AM Australia/Victoria |
Annual General Meeting Le Meridian at Rialto, Collins Room, 495 Collins St, Melbourne, VIC
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HEEMSKIRK CONSOLIDATED LIMITED (HSK)
| Appendix 3E | Tue, 6 Jan 2009 |
| Cancellation of Shares | Mon, 5 Jan 2009 |
| Appendix 3E | Fri, 2 Jan 2009 |
| Appendix 3E | Mon, 29 Dec 2008 |
| Appendix 3E | Tue, 23 Dec 2008 |
| Appendix 3E | Mon, 22 Dec 2008 |
| Appendix 3E | Fri, 19 Dec 2008 |
| Appendix 3Y x 2 | Wed, 17 Dec 2008 |
| Appendix 3E | Mon, 15 Dec 2008 |
| Appendix 3E | Fri, 12 Dec 2008 |
Please note: This company appears on this website as a result of its listing on the Australian Securities Exchange. Boardroom Radio does not claim any association with any company listed on this site.
INTERVIEW WITH KEVIN ROBINSON, MANAGING DIRECTOR OF HEEMSKIRK CONSOLIDATED LIMITED (HSK)
“Los Santos Now Producing”
http://www.brr.com.au/event/48883
FRIDAY AUGUST 1, 2008 2:15 PM
BRR Welcome to Boardroom Radio. Today, I am joined by Mr. Kevin Robinson, The Managing Director of Heemskirk. Kevin, thanks for joining us today.
10 HSK Thanks very much James.
BRR We’re going to discuss the last quarter’s activities and I’ll get you to start by giving some update on operations at the Los Santos tungsten mine.
HSK Los Santos was commissioned early in the quarter and we’ve been scaling
15 the project up ever since. I guess a couple of points of note that we had the official mine opening which was very successfully completed with over a hundred guests from all over the world turning up and now we’re very pleased with the way in which we have achieved the production status in such a short time being only a couple of years from the time that we acquired to project to
20 achieving first production. The project through the quarter wasn’t without a couple of issues which were weather related. We recorded around about two years worth of annual rainfall in a short space of time just as we were commissioning. What did enable us to achieve though is that we made some additions to the circuit which mean that from this point on, we can actually
25 handle that sort of weather issue. But it’s very unusual because we only generally get 8 inches of rain a year at Los Santos, so it’s unexpected that that would happen again. It probably put us just a little bit behind where we would like to be in terms of production but that’s we always had a very optimistic schedule and I think the way the project is going and ramping up
30 now, we’re very pleased with the progress. It will be ramped up in a series of stages and hopefully before Christmas we will have achieved the capacity that we’ve been aiming for.
BRR Kevin, still looking at the Los Santos project, you’ve also got the go ahead for
35 the aggregates business?
HSK Correct. Very excited about the aggregates business because it’s a wonderful by-product. Not only are we using some of our wasted material, but also it provides Euro-denominated revenue to offset the Euro cost for the project. Therefore it provides us with an excellent natural hedge for all of our products
40 across the range, because we sell also tungsten in US dollars but we buy barite in US dollars, so very pleased with the aggregates.
BRR This is potentially a long-life mine that can be built within a short timeframe.
HSK And we have already started acquiring the equipment to build the project and
45 hopefully we will be selling the material, all going well, before Christmas.
BRR And Kevin, can we be back at how things are progressing at Pajingo?
HSK Pajingo is now focusing on a longer term mine schedule. The grades were low during the quarter but that was quite predictable based on our schedule because were mining more remnant ore and doing more development. We’re very keen to keep pushing the development forward to enable us to access newer resources and to commence the exploration programs and open up areas for further exploration. So we would anticipate there moving forward
5 that the development to ore to (inaudible) (00:03:24) will decrease and therefore we should see an increase in grades going forward as well.
BRR Kevin just finally, you have had your share buyback approved and initiated. Can you just tell us what was the motivation or the message you’re putting
10 out here.
HSK Yes, we’ve always said that we were to make sure that we would manage our capital structure wisely and in this case we are anticipating strong growth in the company’s production going forward and the share buyback probably indicates that we’re very comfortable with our position at this point in time and
15 therefore the buying back some of the shares make sound fence. It’s very similar to what you see with the larger mining houses, the Rios and BHP, and they too manage their capital structures very carefully. So I think it’s very much in line with the original business plan.
20 BRR Kevin, well it sounds like it’s been a solid quarter for us in all fronts and a steady progress as you said.
HSK Very much James and we’re very comfortable with the way that the operations are all ramping up or providing their production flows and we’re looking forward to increasing production over the forthcoming quarters.
25
BRR Kevin, thanks again for taking the time to us on Boardroom Radio and we look forward to speaking with Heemskirk in the near future.
HSK Thanks very much James.
INTERVIEW CONCLUDED
Contact brr@brr.com.au for more information
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