Friday, September 20, 2024
22.6 C
New York

Boab Metals: Confirms demand for lead-silver concentrate from Sorby Hills

  • Boab Metals (BML) has reported a strong global demand for lead-silver concentrate from its 75 per cent-owned Sorby Hills Project in WA
  • Boab owns a 75-per-cent-interest in the lead-silver-zinc project, with China-based Henan Yuguang Gold & Lead Co holding the remaining 25 per cent
  • The discussions have confirmed the demand for a high-value concentrate product in line with specifications detailed in last year’s pre-feasibility study
  • A DFS expected to wrap up next quarter, by which time offtake discussions and a competitive tender process will resume
  • The tender process also will seek interest from a a wide range of potential offtakers
  • Company shares are up 10.8 per cent and are trading at 41 cents

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Mastercard puts down $2.65bn for AI-powered threat intelligence platform Recorded Future

Mastercard plans to acquire US-based threat intelligence platform...

FE fundinfo buys out investment research platform AdviserAsset

FE fundinfo has acquired AdviserAsset, a due diligence...

India’s FlexiLoans bags $34.5m Series C for lending platform expansion

FlexiLoans raised $34.5 million in Series C funding...

Paymob secures $22m Series B extension to continue GCC roll-out

Paymob, an Egypt-based B2B merchant financial services platform,...

Related Articles

Popular Categories

spot_imgspot_img