BINDI METALS ORD
Weekly wrap: record close as investors bet on a soft landing
Continuing optimism that the world economy is heading for a soft landing helped to push the Australian share market to a fresh record high to close the week. Despite some early indecision, the consensus on the US Federal Reserve’s bold move to cut a full 0.5% off official interest rates seems to be that it […]
Bindi Metals acquires pair of antimony-gold-copper projects in Serbia’s Tethyan Belt
Bindi Metals (ASX: BIM) has completed the acquisition of the Lisa and Mutnica antimony-gold-copper projects within Serbia’s Tethyan magmatic belt from Apollo Minerals (ASX: AON). Data from previous owners of Lisa have confirmed the presence of historical high-grade mines in the area, which produced approximately 60,000 tonnes of ore grading up to 20% antimony from […]
Bindi Metals picks-up ‘high quality’ critical REE project in Ontario
Bindi Metals (ASX: BIM) emerged from a trading halt this morning with news it is acquiring a “high quality” rare earths project in northern Ontario, Canada. Under a conditional sale and purchase agreement, Bindi will lock-in an 80% interest in the mining claims that comprise the Schryburt Lake REE-niobium and zinc project. Schryburt Lake is […]
Bindi Metals confident of extensive copper zones within Biloela project
The completion of a maiden drilling program and multiple intercepts of visual copper at the Flanagans and Great Blackall targets has given Bindi Metals (ASX: BIM) confidence that extensive zones of mineralisation exist within the Biloela project in Queensland. Drilling of 20 reverse circulation holes for 2,375 metres focused on the Flanagans copper-gold soil anomaly (hosting […]