Beadell Resources Limited is an Australia-based gold mining company. The principal activities of the Company are the mining and processing activities at its primary asset Tucano Gold Mine (Tucano) located in Northern Brazil and exploration for and evaluation of mineral resources in Australia and Brazil. The Company has two operating segments: Australian exploration and Brazilian exploration and operations. Tucano has approximately 5.4 million ounces of gold resources and 1.3 million ounces of gold reserves. Tucano covers over 2,500 square kilometers of prospective gold exploration tenements. The Company also has a portfolio of gold exploration tenements throughout Australia and Brazil, including the prospective Tartaruga in Brazil and Tropicana East Projects in Australia.