Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: Asiamet's copper project in Indonesia well underway

20th Aug 2021 14:22

Asiamet Resources Ltd - London-based metal producer focused on the development of copper-gold deposits in Indonesia - BKM copper development project makes progress despite Covid-19 related challenges for the Central Kalimantan, Indonesia-based operation, such as staff sickness and travel restrictions. Drilling underway at BKM and BKZ resources, expects significant production growth and mine life upside, 3,000 metre programme completed thus far. Discussions with several European and Asian mining finance banks progress, and commercial partnerships on the horizon.

"With a strong focus on the health and wellbeing of our employees and contractors as our first priority, financing and development related activities are continuing at pace and closing in on a number of important project enabling milestones," said chair Tony Manini.

Current stock price: 2.36 pence, down 6.5% today

Year-to-date change: down 57%

By Josie O'Brien; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

Asiamet Res
FTSE 100 Latest
Value8,809.74
Change53.53