Asiamet knows of no reason for share price movement, highlights sizeable resource and robust feasibility study
Asiamet has considerable depth of experience working in Indonesia
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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Asiamet has considerable depth of experience working in Indonesia
Asiamet completed a feasibility study for BKM earlier this year
The Indonesian mine developer has been given a valuation of 15.6p per share by analysts at the research house
Adifferent port option would allow faster transport times both in and out of the mine and shorter distances with 280km less travelling per round trip.
On 21 August 2019, an MoU was signed with China NFC for value engineering and EPCM services for the BKM Copper project
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Tensions are high in HK and China as protestors continue to demonstrate in the centre of HK.
The AIM-listed company has signed an agreement with a subsidiary of China Nonferrous Metal Mining Group, the state-run mining giant
"We are very pleased with the support received both from existing as well as new investors,” said Asiamet chief executive Peter Bird.
The company offers significant long-term potential, according to Arden, which ranks it among its top picks
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A glance at some of the day's highlights from the Proactive Investors newswire
The miner said the environmental permit was a “significant milestone” for BKM and a testament to its ability to work with the Indonesian authorities
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A glance at some of the day's highlights from the Proactive Investors newswire
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The UK's premier share index finished down over five points lower at 7,530,
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at some of the biggest risers and fallers in London on Thursday
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Aside from the two mid-cap transport operators, blue chip contractor Bunzl will also issue a trading update, while the macro focus will be on the G20 meeting in Japan
Analysts said the firm's BKM project is a platform to prove its in-country operational capabilities and ultimately allow it to explore the “target rich” Kalimantan Surya Kencana area of Indonesia