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, […]

Myanmar secures big brother partner for Bawdwin

Myanmar Metals has secured a large, Myanmar-registered industrial company to partner up with on its world-class Bawdwin polymetallic deposit, located in central Myanmar. In a transaction that could potentially de-risk the future development and financing of the Bawdwin project, Myanmar Metals and its local partner Win Myint Mo Industries Co. have agreed to terms with […]

Myanmar gets free kick from 120,000 tonnes of copper

Myanmar Metals revival of the historic Bawdwin lead-zinc-silver deposit in Myanmar has produced a hefty copper bonus even before the first assays are in from the company’s maiden drill program. A new desk top analysis of the distribution of metals at Bawdwin, which was never mined for copper throughout its long history, has identified a […]

Myanmar Bawdwin lease dripping with base metals targets

A detailed review of Myanmar Metals’ historic Bawdwin zinc-lead-copper mine in Myanmar has discovered a treasure chest of high-grade exploration targets. The Perth-based explorer, backed by the revered Mark Creasy, last July snapped up an option over 85% of the historic Bawdwin mine, about 160 kms from China on the highway from Mandalay to Yunnan. […]

Top End Minerals closing in on zinc acquisition

Top End Minerals (ASX:TND) has successfully completed its technical due diligence on the Lashio zinc refinery in Myanmar. In late November 2016, Top End acquired the option to purchase a 60% interest in the Longh Keng zinc mine and Lashio zinc refinery in Myanmar for US$43 million. Corporate due diligence and financial due diligence is […]