Padbury Mining

Padbury Mining is an Australian mining corporation. It is publicly listed on the Australian Securities Exchange.
Overview.
It has 2000 km2 of tenements in the Mid West part of Western Australia. It has explored Peak Hill, Western Australia, where magnetite was found in 2011.
In April 2014, reached an agreement with businessman Roland Bleyer to fund a port and railway project in Oakajee, Western Australia. However, due to disparaging press coverage of Bleyer's past business dealings, the project was put on hold. Moreover, the company stopped trading on 11 April 2014 after failing to meet the demands from the ASX. Bleyer criticised this decision, adding the project would have "created jobs for the working man that needs to feed his family."