Company
LON:ARS
Asiamet Resources Ltd is an emerging copper producer focused on the development of a portfolio of large copper, copper-gold and polymetallic deposits in Indonesia, adjacent to the key growth markets in Asia.
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Getting the bankable feasibility study for BKM ready has been the main focus for Asiamet this year and it should be delivered within the next few days (end of Q3)
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A glance at some of the day's highlights from the Proactive Investors newswire
“Asiamet’s strategy is on the near-term development of BKM and BKZ and then the development of Beutong, which is, in our view, the key asset of most interest, which will place Asiamet as a major copper player”
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Liberum analyst Richard Knights said: “If Beutong can find mineralisation at similar grades at depth, there is scope to add large scale tonnes to the existing resource which could drastically increase the value of the asset"
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Wednesday
Peter Bird, Asiamet's chief executive officer commented: "This latest drill result highlights the potential for significant further upside to the Beutong deposit(s) and confirms our thoughts that the BEP and BWP may coalesce at depth"
Investments and investor services
Michel Barnier apparently said that the bloc was willing to offer the UK a unique deal
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A glance at some of the day's highlights from the Proactive Investors newswire
A look back at the past week's news from the junior mining sector
Recent weakness in the junior's share price is unjustified, says the broker, which reiterated its target price of 20p
“Capital and operating cost estimates are being benchmarked"
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at some of the top risers and fallers in London today
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The AIM-listed firm said strong mineralisation has been confirmed, extending beyond the 2014 resource envelope in all holes completed thus far
Investments and investor services
At the close, the UK blue chip index was up 54.70 points at 7,718.48, albeit below the session peak of 7,752.08, having recovered from a low of 7,663.20
