Labyrinth Resources
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Labyrinth Resources (LRL, formerly Orminex ONX), is an Australian public-listed mining company with expertise in acquiring and operating high grade gold mine assets.
In 2018 Mintails, which had been focused on South African gold mines, restructured through a recapitalisation and the acquisition of Orminex West and Golden Lode. At the time of acquisition Orminex West held an option to acquire 51% of the Comet Vale gold project, and Golden Lode Pty Ltd owned 100% of the Golden Lode gold project, both projects were located north west of Kalgoorlie. The company later acquired the Penny's Find gold mine from Empire Resources in May 2019.
Orminex has a strategic alliance with underground mining contractor GBF Mining, which oversees operational management of the company’s projects. GBF directors Michael Foulds and Ross Graham are both significant shareholders in Orminex, with both listed in the June 2018 annual report as holding interests of more than 20%.
The company changed its name from Orminex to Labyrinth Resources on 3 November 2021.
Contact Details
Suite 5, Level 1, 460 Roberts Road, SUBIACO WA 6008
08 6149 1550
Lists and Charts
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Share price
Closing price for the last 90 trading days
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Total Shareholder Return as at 31/10/24
| Rank | Company | 1 yr | 5 yr |
|---|---|---|---|
| 7th | Labyrinth Resources | 1200% | 21% |
| 158th | Reward Minerals | 101% | -3% |
| 1321st | Emu | -34% | -49% |
| 1762nd | Genmin | -73% |
1740 WA (and selected non WA) listed companies ranked by
1 year TSR relative to other companies with similar revenue
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1 year TSR relative to other companies with similar revenue
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Revenue
| Rank | Company | Revenue | |
|---|---|---|---|
| 136th |  | Labyrinth Resources | $1.3m |
| 356th |  | Emu | $18k |
| 357th | | Reward Minerals | $18k |
| 361st | | Prominence Energy | $15k |
| 362nd | | Genmin | $15k |
600 listed resources wa companies ranked by revenue.
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Share Transactions
Total value as at the date of the transaction
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Company Activity
| NEWS: Tagged in Labyrinth taps investors for $19.5m | 20 Nov 2024 |
| NEW ROLE: Alexander Hewlett, Non-Executive Director | 23 Sep 2024 |
| NEW ROLE: Kelvin Flynn, Non-Executive Director | 23 Sep 2024 |
| NEW ROLE: Charles Hughes, Chief Executive | 23 Sep 2024 |
| NEW ROLE: Jennifer Neild, Chief Development Officer | 23 Sep 2024 |
| NEWS: Tagged in ASX leads way to better market times ahead | 19 Jul 2024 |
| RANKING: 136 Up from 140 in Public Companies - Resources WA list | 02 Jul 2024 |
| RANKING: 140 Up from 141 in Public Companies - Resources WA list | 20 Jun 2024 |
| M&A DEAL: New deal has been added | 10 Jun 2024 |
| RANKING: 141 Down from 136 in Public Companies - Resources WA list | 28 May 2024 |
