Myanmar Metals (ASX:MYL) secures two ELs at Wuntho Project

Myanmar Metals (MYL) has executed a binding agreement to acquire a 100 percent interest in two exploration licenses (EL) at the Wuntho Project. To acquire the 100 percent interest, Myanmar Metals will pay $4 million to shareholders of Myanmar Reserves Development Company (MRD). This sum will consist of $400,000 in cash and $3.6 million worth […]

‘The potential is huge’: Andrew Teo on why he joined the Myanmar Metals board

Special Report: In June, veteran business leader Andrew Teo joined the Myanmar Metals (ASX:MYL) board. What does Teo – who helped build private WA company BGC into Australia’s largest home builder – see in this near term mine development story? From modest beginnings as a property developer in the 1960’s, BGC became Australia’s largest privately-owned […]

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 […]