Quote from MMIH in the Business Times highlighting how Mankayan will be the core asset in its portfolio. MMIH is demonstrating a counter cyclical strategy on the Political Risk element of the Philippine's and has built a focused portfolio of assets where it has the time and support to build and realise project value. Commenting on the proposed acquisition, MMIH director, Ashok Agrawal said: "With the inclusion of the Mankayan Project into the planned RTO of China Hongxing, the project will become our main focus as it will be the most valuable mineral resource in our asset portfolio, the closest to development and about to enter the project feasibility stage."
Notice of GM outoday on the proposed MMIH deal on Mankayan. More on MMIH here at their website including other Philippine's projects in the portfolio.
RNS Number: 5467 P Bezant Resources PLC 11 October 2019 11 October 2019. The GM is to be held at 10.00 a.m. on Wednesday, 30 October 2019 at the offices of Joelson JD LLP, 30 Portland Place, London W1B 1 LZ.. Ltd., a private company incorporated in Singapore, with respect to the proposed disposal of 80 per cent. of the Company's interest in the Mankayan copper-gold project in...
RNS Number: 0110 P Bezant Resources PLC 07 October 2019 TR-1: Standard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Ltd., a private company incorporated in Singapore, with respect to the proposed disposal of 80 per cent. of the Company's interest in the Mankayan copper-gold project in the Philippines. MMIH has itself previously entered into a separate agreement to vend certain mining assets in the Philippines to China Hongxing Sports Limited, a public company listed on the...
·Results of Mining Plus Pty Ltd's new mining/economic study on the Company's Mankayan copper-gold project located in Luzon in the Philippines released involving a wide-ranging examination of various alternatives for bringing the project into potential future production to determine key project parameters. As consideration for this 50 per cent....
RNS Number: 2612 N Bezant Resources PLC 23 September 2019 TR-1: Standard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Assay results back from Buffalo project showing near surface, high grade copper values. Although in addition to these grades the results tell us a lot in terms of location of samples/continuation
Bezant Resources Plc (BZT.L) Announced the assay results from the Buffalo Project in Zambia. The selected significant assay results are from a total of 8 composite rock chip samples taken by the company's geological survey team as part of its ongoing exploration work on the Buffalo project, a 398 hectare copper/gold asset situated in the Central Zambian iron oxide copper-gold (IOCG) belt. The sample results from BFR 2 and 3 confirm the tenor of strong copper grades obtained during an earlier reconnaissance visit to the site of the small-scale open pit at the Buffalo Project. Samples BFR 4 to 6 also demonstrate that copper mineralisation at potentially economic grades extends for some distance into the footwall and hangingwall margins of the 12-15m wide, near-vertical shear zone, thereby adding significantly to the width of the target for follow-up drilling.
RNS Number: 3208 I Bezant Resources PLC 08 August 2019 8 August 2019. Cu-Au Assays from Buffalo Project, Zambia. Bezant, the copper-gold exploration and development company, is pleased to announce assay results returned from the Buffalo Project in Zambia showing the presence of high grade copper at surface..
Water sampling programme completed at Mankayan Copper Gold project- key element of any major PFS/FS for construction decisions being made. Ensuring best practice water monitoring and quality protection essential. Independent study undertaken by one of the Philippine's leading consultancy groups.
RNS Number: 5141 F Bezant Resources PLC 15 July 2019 15 July 2019. EIA Baseline Study Completed, Mankayan Cu Project, Luzon, Philippines. The dry season water quality baseline study at the Company's Mankayan copper-gold project, located in Luzon in the Philippines, has been undertaken in order to establish the monitoring levels for the potential development of a...
SP Angel on new copper mines being financed to meet supply deficit: Copper US$ 5,843/t vs US$5,881/t yesterday Suffering from sustained deficit, the global copper market received a boost as Latin America’s second-largest copper producer, Southern Copper Corp, is awarded the licence to mine the giant Tia Maria project. The Peruvian government awarded the licence to start construction of its $1.4bn Tia Maria project, which has been delayed at least since 2010 amid sometimes deadly protests. Southern Copper report it won’t start building the mine until concerns from local communities are resolved. Southern Copper plans to invest more than $10bn to boost production to 1.81mt by 2026 from 987,000t projected this year, Chief Financial Officer Raul Jacob said. Southern Copper’s operations at Tia Maria will not affect other economic activities in the Tambo valley because it will use desalinated water, according to the statement. The company will build an industrial railway to carry mine supplies and copper ore, as well as a road access to the mine at a “prudent distance” from the Tambo valley, it said. Tia Maria is expected to produce 120,000t of copper annually. The market is currently expected to post a 189,000t deficit by the end of this year, according to the International Copper Study Group.
Bezant Resources Plc (BZT.L) Announced that its geological survey team has completed an exploration review on the Buffalo project, a 398 hectares copper/ gold asset situated in the Central Zambian iron oxide copper-gold (IOCG) belt, over which the company holds a conditional option to acquire a 50% interest. Approximately, 70 km to the southwest along the structural corridor lies the Jifumpa copper mine, currently operated by a Chinese enterprise, Ruida Investments Limited. Deposits in this province are generally hosted at a higher stratigraphic level within the same rock package as the world-class Zambian copper belt deposits. Furthermore, the majority of company’s work was focused on the currently mined open pit zone where copper and gold mineralisation is being recovered by small scale, artisanal miners for direct sale to local processors.