Young Australian Mines Ltd (YAML) is an Australian mineral exploration company focused on the Spinifex Ridge tenements in Western Australia.
The Spinifex Ridge Iron Ore deposit contained a reserve of approximately 4.3Mt of direct ship iron ore. Moly Mines commenced mining this deposit in late 2010 after receiving all approvals and making a final investment decision.
The Spinifex Ridge Molybdenum-copper deposit was subject to an extensive development program which resulted in completion of full permitting and publication of Definitive Feasibility Study in 2008.