Asiamet Resources

#ARS Chairman Tony Manini talks with Charles Archer of MiningAIM.co.uk In this podcast, Tony discusses ongoing results & objectives of #Asiamet's optimisation programme, targeting progress to finance through $50-80M CapEx reductions from the staged construction of BKM Click here to watch: https://lnkd.in/dgE2ccer

#ARS Optimisation work resulting in substantial cost savings: 🔸 Initial material CapEx savings of in excess of US$26 million. Further CapEx savings expected over coming weeks 🔸 Total CapEx savings range expected of $50-80M, significantly reducing $234.5M estimated in the 2023 FS Click here to read: https://lnkd.in/dzsR7qC8

#ARS BKM #Copper Project Optimisation 🔹 Lower Upfront Capital: Reduced initial expenditures, faster production 🔹 Reduced Mining Costs: New pit design lowers total material mined by 47% 🔹 Higher Grade Ore: Enhances early cash flow 🔹 Boosts BKM project's economic outlook #Asiamet

#ARS #Copper price sensitivity table for BKM showing Key Financial & Economic Metrics at base case of $3.98/lb & today’s Cu price of $5/lb This excludes any value for resources at BKZ, Beutong, or other KSK exploration targets #Asiamet #Gold

#ARS Positive results from BKM Heap Leach optimisation: 🔸 Bulk earthworks more than halved vs. 2023 design 🔸 Substantial upfront capital cost reductions & shorter construction timeline expected 🔸 Staged HLF development to substantially cut initial capex to reach first production

#ARS Coverage from Proactive following recent broker view. Considering the current dynamics of the #copper market, #Asiamet's assets hold significant value: advanced projects with high-quality resources/reserves & a path forward to production. 

#ARS According to analyst reports, #Copper supply will be constrained for years to come necessitating the fast-tracking or acquisition of new projects to meet demand. #Asiamet has advanced, high-quality copper & copper-gold assets rare in the Asian region.

#ARS announces a further update in relation to the BKM #Copper project 🔸Early EPC Engagement 🔸Preferred Execution Partners Appointed 🔸Further contractor Engagement & Project Management #Asiamet

#ARS has successfully completed the KSK Biomass Feedstock Study, a crucial milestone in progressing a power solution for the BKM #Copper project 🔸 #Asiamet is engaged in advanced discussions with potential partners interested in fully financing the biomass power plant

#ARS Announces a comprehensive update covering progress in advancing critical Operational, Project Financing, & Corporate Development initiatives in relation to the BKM Copper Project & its Beutong #Copper-#Gold porphyry project