2011 Annual Report (3 April 2012) - Grange Resources
2011 Annual Report (3 April 2012) - Grange Resources
2011 Annual Report (3 April 2012) - Grange Resources
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<strong>Grange</strong> <strong>Resources</strong> Limited<br />
BOARD OF DIRECTORS<br />
Zhiqiang Xi<br />
Non-executive Chairman<br />
Neil Chatfield<br />
Non-executive Deputy Chairman<br />
Russell Clark<br />
Managing Director<br />
Clement Ko<br />
Non-executive Director<br />
John Hoon<br />
Non-executive Director<br />
Honglin Zhao<br />
Executive Director<br />
COMPANY SECRETARY<br />
Pauline Carr<br />
REGISTERED OFFICE<br />
<strong>Grange</strong> <strong>Resources</strong> Limited<br />
ABN 80 009 132 405<br />
Level 11, QBE House<br />
200 St Georges Terrace<br />
PERTH WA 6000<br />
Telephone: + 61 (8) 9327 7901<br />
Facsimile: + 61 (8) 9327 7932<br />
SHARE REGISTRY<br />
Computershare Investor Services Pty Ltd<br />
Level 2, 45 St Georges Terrace<br />
PERTH WA 6000<br />
AUDITORS<br />
PricewaterhouseCoopers<br />
Freshwater Place<br />
2 Southbank Boulevard<br />
SOUTHBANK VIC 3006<br />
SOLICITORS<br />
Clayton Utz<br />
QV1 Building<br />
250 St Georges Terrace<br />
PERTH WA 6000<br />
STOCK EXCHANGE<br />
<strong>Grange</strong> <strong>Resources</strong> Limited is listed on the<br />
ASX Limited (ASX Code: GRR) and the<br />
“OTC” Markets in Berlin, Munich, Stuttgart<br />
and Frankfurt in Germany (Code: WKN.<br />
917447)<br />
WEBSITE<br />
www.grangeresources.com.au<br />
CONTENTS<br />
About <strong>Grange</strong> 1<br />
Operational and Financial<br />
Highlights 2<br />
Investment Merits 3<br />
Magnetite Facts 4<br />
Chairman’s <strong>Report</strong> 6<br />
Managing Director’s Review 9<br />
Review of Operations 13<br />
Corporate Governance 25<br />
Directors’ <strong>Report</strong> 32<br />
Financial Statements 47<br />
Tenement Information 91<br />
ASX & Shareholder Information 92<br />
List of Significant<br />
ASX Announcements 93<br />
Front cover left: Bryanna Graham, Grade Control Technician at Savage River.<br />
Back cover centre: Mark Gleeson, Process Operator at Port Latta.<br />
Overview<br />
Review Of Operations<br />
Corporate Governance
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