ASX:BMC

5 stories mentioning ASX:BMCUpdated 7d ago

Every FINWIRES story that references ASX:BMC, newest first.

BMC Minerals Receives Water License for Proposed Canada Mine

BMC Minerals (ASX:BMC) received a type B water license in July from the Yukon Water Board in Canada for its proposed ABM Mine at the domestic Kudz Ze Kayah project, according to a Wednesday filing with the Australian bourse.The license is valid for 25 years and allows for the extraction of potable water and disposal of wastewater from the camp during construction, operation, reclamation, and final project closure, per the filing.The company also secured a five-year class 3 quartz mining land use approval from the Yukon Department of Energy, Mines and Resources for continued exploration work at the Kudz Ze Kayah mineral tenure.BMC Minerals' cash balance decreased by AU$9.6 million during the June quarter to AU$50.3 million.The company's shares fell 1% in recent Wednesday trade.

ASX:BMC

Asia36d ago

BMC Minerals Says BMC UK Sells Nearly 11% Stake

BMC Minerals (ASX:BMC) said that BMC UK has completed a sell-down of 29.5 million Chess depositary interests (CDIs), representing nearly 11% of the company's issued capital, via an underwritten block trade to institutional and professional investors at AU$2.85 per CDI, according to a Tuesday Australian bourse filing.BMC UK retains a 53.9% controlling stake in the company following the transaction, the filing added.

ASX:BMC

Asia51d ago

BMC Minerals Says Diamond Drilling at Canada Project Intersects High Grade Sulfide Mineralization; Shares Jump 10%

BMC Minerals (ASX:BMC) said diamond drilling at its Kudz Ze Kayah project in Canada intersected high grade sulfide mineralization at the Fuego prospect, according to a Monday Australian bourse filing.The 20,000-meter drilling program is targeting multiple high-priority targets within 5 kilometers of the proposed ABM Mine.The program encountered intercepts of 5.5 meters at 163 grams per tonne (g/t) grade of silver, 6.4% grade of zinc, 0.9 g/t grade of gold, 0.2% grade of copper, and 4.6% grade of lead from 57 meters, as well as 4.5 meters at 78 g/t grade of silver, 4.2% grade of zinc, 0.5 g/t grade of gold, 1.2% grade of copper, and 0.8% grade of lead from 15.5 meters.BMC Minerals' shares rose nearly 10% in recent trading on Monday.

ASX:BMC

Asia107d ago

BMC Minerals Says Drilling at Canada Project Returns Thick, Massive Sulfide Intersection

BMC Minerals (ASX:BMC) said assays from diamond drilling program at its Kudz Ze Kayah project in Yukon, Canada, returned a thick, high-grade massive sulfide intersection at the Krakatoa zone, outside of the current ore reserve, according to a Monday Australian bourse filing.It encountered an intersection of 25.1 meters at 180 grams per tonne (g/t) grade of silver, 9.7% grade of zinc, 1 g/t grade of gold, 0.3% grade of copper, and 3.4% grade of lead from 327.5 meters.The result confirms the continuity of high-grade mineralization between historic holes, with the Krakatoa lens remaining open down plunge to the north, the company said.BMC Minerals' shares fell nearly 1% in recent trading on Monday.

ASX:BMC

Asia114d ago

BMC Minerals Receives Positive Development Decision for Canada Project

BMC Minerals (ASX:BMC) said it has received a positive decision document for the development of the ABM Mine at its Kudz Ze Kayah Project in Canada, issued by the Government of Yukon, Natural Resources Canada, and the Department of Fisheries and Oceans Canada, according to a Monday Australian bourse filing.The company said the decision follows a recommendation for approval by the Yukon Environmental and Socio-economic Assessment Board in 2020, with ten new terms covering five areas, including financial oversight, operational performance, socio-economic participation, heritage resources, and road access.BMC will continue the permitting process for all remaining permits and licenses for the project, including the Quartz Mining License and Type A and B Water Licenses, the filing added.

ASX:BMC

Track with the FINWIRES app suite

FolioX

Track ASX:BMC in your portfolio

WheelAI

Analyze ASX:BMC options with the wheel strategy

StockInsider

See market sentiment on ASX:BMC