1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Mineral Resources Limited
  6. News
  7. Summary
    MIN   AU000000MIN4


Delayed Australian Stock Exchange  -  05/16 02:11:01 am EDT
55.02 AUD   +1.76%
05:41aNative Mineral Resources Identifies Alterations at Helios Project
05/15MINERAL RESOURCES : Shelley shapes the future
05/12Mineral Resources Limited Announces Board Changes
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Ten Pakistani soldiers killed in insurgent attack, army says

01/28/2022 | 01:16am EDT
A general view of signs along a highway leading to Gwadar,

QUETTA, Pakistan (Reuters) - Separatist insurgents have claimed responsibility for an attack on a Pakistani army post near a southwestern port in which China is investing, and the army said 10 soldiers were killed.

The attack, launched late on Tuesday in Kech district, north of Gwadar port, was the heaviest in years in a low-key insurgency that ethnic Baloch insurgents have been waging against the Pakistani government.

"We are resolute in our commitment to rid Pakistan of all forms of terrorism," Prime Minister Imran Khan said in a statement on Friday in which he paid tribute to the 10 "martyred" soldiers.

The army said it killed one of the attackers and arrested three in a clearance operation that was still going on.

The Baloch Liberation Front (BLF) insurgent group claimed responsibility for the attack, saying in a statement sent to a Reuters reporter that 17 soldiers and one of its members were killed.

Ethnic Baloch guerrillas have been fighting the government for decades for a separate state, saying Pakistan's central government unfairly exploit the rich gas and mineral resources of Balochistan province, which shares borders with Afghanistan and Iran.

China is involved in the development of the Gwadar port on the Arabian Sea and other projects in the province as part of a

$60 billion China-Pakistan Economic Corridor, which is itself

part of Beijing's Belt and Road initiative.

The insurgents often target gas projects as well as infrastructure and security posts in the province but have begun launching attacks in other parts of Pakistan.

They also attack Chinese projects, and occasionally kill Chinese workers despite Pakistani assurances that it is doing everything it can to protect the Chinese projects.

Pakistan has also accused India of covertly supporting the insurgents. India denies that.

(Additional Reporting by Saud Mahsud in Dera Ismail Khan, Pakistan; Writing by Asif Shahzad; Editing by Robert Birsel)

By Gul Yusufzai

ę Reuters 2022
05:41aNative Mineral Resources Identifies Alterations at Helios Project
05/15MINERAL RESOURCES : Shelley shapes the future
05/12Mineral Resources Limited Announces Board Changes
05/12AsiaPhos' Attributable Loss Widens in Q1
05/11MINERAL RESOURCES : Wodgina powers up with first lithium output
05/10Cassiar Gold Highlights Results of New Pit-Constrained Inferred Mineral Resource Estima..
05/09KICKING THE CHINA HABIT : South Korea hunts tungsten treasure
05/08South Korea hunts tungsten treasure in race for rare minerals
05/06St. James Gold Reports Initial Induced Polarization Survey Results From Quinn Lake Prop..
05/06Caerus Mineral Resources' New CEO, Nonexecutive Chairman To Join In May
More news
Analyst Recommendations on MINERAL RESOURCES LIMITED
More recommendations
Sales 2022 3 315 M 2 294 M 2 294 M
Net income 2022 448 M 310 M 310 M
Net Debt 2022 225 M 156 M 156 M
P/E ratio 2022 21,4x
Yield 2022 1,59%
Capitalization 10 173 M 7 038 M 7 038 M
EV / Sales 2022 3,14x
EV / Sales 2023 2,11x
Nbr of Employees -
Free-Float 85,6%
Duration : Period :
Mineral Resources Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MINERAL RESOURCES LIMITED
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 8
Last Close Price 54,07 AUD
Average target price 65,74 AUD
Spread / Average Target 21,6%
EPS Revisions
Managers and Directors
Christopher J. Ellison Managing Director & Executive Director
Mark Gregory Wilson Chief Financial Officer & Co-Secretary
James Timothy McClements Independent Non-Executive Chairman
Mike Grey Chief Operating Officer
Kelvin Edward Flynn Non-Executive Director
Sector and Competitors