Asiamet Resources Advances BKM Copper Project with Feasibility Study Completion

Asiamet Resources ( (GB:ARS) ) has shared an update.

Asiamet Resources Limited has completed the Optimised Feasibility Study for the BKM Stage 1 Copper Project, marking a significant milestone in its development strategy. The project is designed as a low-capex, staged-build heap-leach operation targeting high-grade ore, with an expected annual production of 10,000 tonnes of copper cathode. The study highlights the project’s technical robustness and financial viability, with a post-tax NPV of $122.4 million and an IRR of 17.7%. This development positions Asiamet to capitalize on anticipated copper deficits and provides a foundation for future growth across the KSK Contract of Work, enhancing its appeal to potential lenders and strategic investors.

More about Asiamet Resources

Asiamet Resources Limited is a company operating in the mining industry, focusing on the development of copper projects. Its primary project is the BKM Copper Project located in Central Kalimantan, Indonesia, where it aims to produce LME Grade A copper cathode. The company is strategically positioned to leverage Indonesia’s national development priorities and the global copper market outlook.

Average Trading Volume: 2,422,845

Technical Sentiment Signal: Buy

Current Market Cap: £29.76M

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