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9.76 AUD
0.09
0.91%
Last update May 1, 3:59 PM AEST
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Day range
9.73
10.02
Previous close
9.85000
Open
10
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Southern Cross Gold Consolidated Ltd. CHESS D...
9.76
0.09
0.91%

Overview

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Description

Southern Cross Gold Consolidated Ltd. CHESS Depositary Interest represents a holding in an Australian mineral exploration and development company focused primarily on precious and energy minerals. Its business centres on exploring for and developing gold, antimony, iron oxide, and copper assets, with a particular emphasis on the extensive Sunday Creek project in Victoria. The company’s activities extend to other strategic exploration sites, notably in Victoria and Queensland, where it aims to unlock value from a diversified suite of mineral interests. This asset is issued as a CHESS Depositary Interest (CDI), which allows investors to trade beneficial ownership of the underlying shares in an Australian-regulated clearing and settlement environment. As a result, it offers international and domestic investors easier access to the company’s securities under the CHESS system, supporting greater participation and market liquidity. Southern Cross Gold Consolidated Ltd.'s presence as a CDI is significant in the mining sector, contributing to Australia’s resource exploration efforts. Its role is particularly relevant to those seeking exposure to early-stage mineral exploration, project development, and potential resource discovery within Australia’s well-established mining industry.

About

CEO
Mr. Michael Robert Hudson B.Sc., B.Sc.(Hons), FAusIMM, GDipAppFin, MAIG, MSE
Employees
Address
350 Collins Street
Level 6
Melbourne, 3000, VIC
Australia
Phone
61 4 1515 3122
Instrument type
Depositary receipt
Sector
Basic Materials
Industry
Gold
Country
Australia
MIC code
XASX
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