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Mining Capital's Alastair Ford on Bezant Resources' Mankayan copper project financing

Mining Capital's Alastair Ford gives his take on the news this week that Bezant Resources PLC (LON:BZT)  has conditionally agreed to sell an 80% interest in the Mankayan copper project in the Philippines.

It's being sold to Mining and Minerals Industries Holding Ltd which itself has entered into a separate agreement to vend certain mining assets in the Philippines to China Hongxing Sports Limited (CHX), a public company listed on the main board of the Singapore stock exchange.

Quick facts: Bezant Resources PLC

Price: 0.175 GBX

AIM:BZT
Market: AIM
Market Cap: £2.22 m
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Bezant Resources focused on developing its copper and base metals assets in...

Mining Capital's Alastair Ford discusses the recent fundraise by Bezant Resources PLC (LON:BZT) and its focus in 2020. Ford says the company's a fair way into what's being described as an important transitioning period. Recently it’s parted with 80% of the sizeable Mankayan copper and gold...

on 13/12/19

2 min read