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Blackstone Minerals Ltd ( (AU:BSX) ) has issued an announcement.
Blackstone Minerals Ltd has announced a merger with IDM International Limited, acquiring the Mankayan Copper-Gold Project in the Philippines. This strategic move allows Blackstone to enhance its exposure to critical energy transition metals like copper and precious metals such as gold and silver, aligning with global decarbonization trends and offering substantial growth potential. Positioned in a pro-mining region and bolstered by historical high-grade drill intercepts, the Mankayan Project is set to deliver long-term value and significant resource growth opportunities, strengthening Blackstone’s industry positioning.
More about Blackstone Minerals Ltd
Blackstone Minerals Ltd operates in the mining industry, focusing on base metals mine development and the energy transition metals market. The company is engaged in providing diversified exposure to critical energy transition and precious metals, leveraging its expertise and resources in the field.
YTD Price Performance: -3.33%
Average Trading Volume: 753,976
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$16.81M
Learn more about BSX stock on TipRanks’ Stock Analysis page.
