Bluebird Merchant in talks over debt finance for Korean projects as coronavirus impact eases
The loan will be repaid from production from the Gobang and Kochang mines
Company
Bluebird Mining Ventures
LON:BMV
London listed Bluebird Mining Ventures Ltd is focused on developing high grade, low capex gold projects. With a cumulative estimated 1.8M oz Au across three projects, including two historic mines in South Korea and a development project in the Philippines, the Company looks to JV its assets with local partners to provide free carry structures to advance to production.
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Bluebird Merchant Ventures gets the green light at Kochang, will be producing gold in 2020
Bluebird is now permitted to develop both of its mines in South Korea
Bluebird Merchant confident second mining permit in Korea will be awarded soon
Bluebird estimates the indicated and inferred resource at Kochang at 117,000oz.
Bluebird Merchant Ventures granted permit to develop at Gubong
Bluebird is looking to reactivate formerly-producing gold mines in South Korea
Today's Market View – Bluebird Merchant Ventures, Greatland Gold, Petropavlovsk, Savannah Resources and Syrah Resources Limited
Today's Market View – Bluebird Merchant Ventures, Greatland Gold, Petropavlovsk, Savannah Resources and Syrah Resources Limited
Bluebird Merchant Ventures receives permit to reopen Korean gold mine
In four decades in the mining industry I have never seen a permit issued so quickly to allow a mine to enter the production phase - chief executive Colin Patterson
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Southern Gold focuses on South Korean gold development prospects
Southern Gold and its partner Bluebird Merchant Ventures are looking to develop gold project ventures in South Korea.
Southern Gold and partner continue to advance South Korean gold projects
Gubong Project Permit to Develop application has moved to the next stage where the application is to be considered at the central government level.
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"Bluebird is really a trailblazer in reinvigorating the mining industry. With said confidence management continues to be happy to support the project."
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