Dwyka Resources Limited Company Profile - Apr 29, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Nyota Minerals Limited
                                                                                           440 Wheelers Farms Road
                                                                                           Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Australian Dollars

                                 Wright Quality Rating:DANN                                   Key Data

   Nyota Minerals Limited, formerly Dwyka Resources Ltd, is engaged in mineral                Ticker:
   exploration and evaluation. It is focused on the exploring and developing of Tulu Kapi     NYO
   project in Western Ethiopia. As of June 30, 2010, it held three licenses in Ethiopia. It
   has gold and platinum exploration licenses for Yubdo and a gold exploration license        2007 Sales:
   for project Tulu Kapi. Its projects include Tulu Kapi Gold project, Yubdo and Bila
                                                                                              8,267,000
   Gulliso, Regional Ethiopian gold exploration and Muremera Nickel Project. It holds
   100% interest in Tulu Kapi Gold project, which comprises a joint ore reserves
   committee (JORC) inferred resource of 1.38 million ounces of gold. It holds 100%           Major Industry:
   interest in Yubdo and Bila Gulliso. It has 80% interest in Regional Ethiopian gold         Oil, Gas, Coal & Related
   exploration. During the fiscal year ended June 30, 2010, it disposed interest in the       Services
   Swaziland gold project. In October 2009, it acquired Minerva Resources Plc. In
   February 2010, it completed the sale of its 8% interest in the Daguma coal project.        Sub Industry:
                       Stock Chart                                     Officers               Exploration, Drilling Service
                                                                      Chairman                & Equip
                                                              Melissa Josephine Sturgess
                                                                                              Country:
                                                              Chief Financial Officer &       Australia
                                                                     Secretary
                                                                    Richard Jarvis            Currency:
                                                                                              Australian Dollars
                                                                     Secretary
                                                                    Mark Burchnall
                                                                                              Fiscal Year Ends:
                                                                                              June

                                                                                              Employees
                                                                                              138

                                                               
								
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