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Blackstone Minerals Ltd ( (AU:BSX) ) has shared an announcement.
Blackstone Minerals Limited has provided an update on its Mankayan Copper-Gold Project in the Philippines, highlighting ongoing consultations with local communities. Despite securing regulatory approvals, including a Certificate of Precondition from the National Commission on Indigenous Peoples, the Mankayan Municipal Council has issued an order preventing drilling until community concerns are addressed. Blackstone is committed to resolving these issues through engagement, aligning with its long-term strategy in the region.
More about Blackstone Minerals Ltd
Blackstone Minerals (ASX:BSX) is positioning itself as a major copper-gold developer in Southeast Asia following its merger with IDM International, acquiring the Mankayan Copper-Gold Project in the Philippines. The company also has the Ta Khoa nickel-cobalt project in Vietnam, and is led by a team with expertise in Southeast Asia and underground bulk mining.
Average Trading Volume: 4,066,794
Technical Sentiment Signal: Sell
Current Market Cap: A$88.73M
Learn more about BSX stock on TipRanks’ Stock Analysis page.