Intermin dreams big for multi-commodity strategy

INTERMIN Resources managing director Jon Price might have his foot on a world-class vanadium resource in Queensland, but he told MNN he makes no bones about the fact his focus is on gold.

Intermin dreams big for multi-commodity strategy Intermin dreams big for multi-commodity strategy Intermin dreams big for multi-commodity strategy Intermin dreams big for multi-commodity strategy Intermin dreams big for multi-commodity strategy

Cash from Teal is helping Intermin fund gold exploration.

 
 
 
The company, which started off looking for the yellow metal in 1985 after emerging from Pioneer Homes, is comprised of "gold people", Price said.
 
"That's our core competency and we stick to our knitting on that, because building a gold business at Kalgoorlie is what we are driving for with our 100%-owned projects," he said. 
 
"Our JV projects give shareholders leverage to the upside in other commodities, but we put then with experts in those fields."
 
A deal last year with Chinese firm AXF Group brings technical skills and offtake contacts to the Richmond project, one the largest vanadium deposits in the world.