Four Mile, Australia / Uranium
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Located in the Frome Basin in the far north of the state of South Australia, 600km north of the state capital, Adelaide.
Stage
Producing
Commodity
Uranium
Operator
Quasar Resources
Location
Australia
Royalty rate and type
1% NSR
Balance sheet classification
Royalty intangible
The Group has a 1% NSR royalty on the Four Mile uranium mine in South Australia. Four Mile is operated by Quasar Resources Pty Ltd (‘Quasar’).
- $1.4m portfolio contribution (2023: $1.4m).
- Operator reported no royalty income in Q3 and Q4 as it was stockpiling production. Normal sales schedule expected from beginning of 2025.
Four Mile is classified on the balance sheet as a royalty intangible.