Myanmar Metals’ shares fly on Bawdwin progression

Resource explorer Myanmar Metals (MYL) maintains it’s in a strong financial position in the face of the global COVID-19 pandemic MYL holds substantial cash reserves and has no debts owing — meaning the company can still progress its Bawdwin project with minimal disruption MYL is in the process of attaining a 50-year mining lease, pending […]

Myanmar Metals (ASX: MYL) Bawdwin Project could go underground

Myanmar Metals (MYL), with its partners in the Bawdwin Joint Venture, has announced the expansion study has been completed at the Bawdwin Project. The Bawdwin Project will be delivered in phases to optimise the mine’s operating performance and minimise capital and operating costs. Mining consultant Cube has undertaken an assessment on the merits of underground […]

Myanmar Metals (ASX:MYL) sees positive progress of Bawdwin

Myanmar Metals (MYL) plans on completing the definitive feasibility study in April 2020 The Bawdwin Joint Venture study team has undertaken several programs of lead-zinc flotation, testwork which first commenced in April 2019 and remain ongoing. The tests have been using 50 kilograms samples of Bawdwin ore and replicating the planned processing regime and reagents […]

Myanmar Metals eyes $30m raising

The Mark Creasy-backed Myanmar Metals is raising $30 million for its flagship Bawdwin project in the South East Asian country. The polymetallic explorer is raising $20.8 million in a discounted placement priced at 6.5¢, along with $9.2 million in a one-for-nine rights issue. The cash will be used for a definitive feasibility study, further drilling, […]

Frontier Markets Investment Portfolio: A Mining Site in Northern Myanmar

Asia Frontier Capital’s Regional Investment Analyst Scott Osheroff recently traveled to northern Myanmar to visit the mine site of one of its portfolio companies. Myanmar – Liberalization begins to unfold The National League for Democracy (NLD) seems to have potentially finally come to the realization that the economy is suffering and therefore that their party […]

Myanmar Metals confirms Bawdwin JV as world’s largest lead resource

Perth-based Myanmar Metals has increased the indicated resource at the Bawdwin joint venture project by 50 per cent with the release of a project update. This revision confirms the project in eastern Myanmar as the world’s largest primary lead resource, as well as the ninth largest silver resource. The news comes at a time when […]

Myanmar Metals identifies new base and precious metals target at Bawdwin project

A deep pole-dipole geophysical survey has confirmed large chargability anomalies and correlate with other known mineralisation at the project. Myanmar Metals Ltd (ASX:MYL) has discovered a new base and precious metals target, Yegon Deeps, using results from a survey conducted at the Bawdwin project in Myanmar. Results from the five pole-dipole (DPIP) survey traverses correlate […]

Strong geophysical targets for Myanmar at Bawdwin

ASX listed base metal developer Myanmar Metals has reported outstanding results from a ground-based gradient array induced polarisation geophysical survey at its flagship Bawdwin deposit in central Myanmar. Interpretation of the survey data has given very strong indications of relatively shallow new zones of conductive sulphide mineralisation outside of Bawdwin’s existing base metal and silver […]

Early cash flows for Myanmar at Bawdwin base metal play

ASX listed base metals developer Myanmar Metals has completed an interim scoping study for a 13-year “starter” open pit mining operation on the China Lode at its Bawdwin base metals project in central Myanmar. The study effectively captures a large proportion of the company’s existing indicated mineral resources at Bawdwin and using a cut-off grade […]

Myanmar unveils Bawdwin ‘starter pit’ scoping study

A SX-listed junior Myanmar Metals has unveiled the results of a scoping study for the Bawdwin polymetallic mine, in Myanmar, demonstrating the viability of developing a 13-year “starter pit” that will fund the life-of-mine infrastructure. Based on the indicated and inferred resources from the China lode of Bawdwin, the CSA Global-prepared scoping study demonstrates the […]