Asiamet Resources (GB:ARS) has released an update.
Asiamet Resources Limited announces significant cost reductions for its BKM Copper Project, with initial capital expenditure savings exceeding US$26 million, and total expected savings between US$50-80 million from the previous feasibility study estimate. These savings, resulting from equipment optimization, process simplification, and reduced earthworks, are set to improve the project’s financial viability and attract favorable financing terms. The company also reports progress on securing environmental permits and power solutions, enhancing the project’s overall appeal and long-term financial prospects.
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