Blackstone Minerals Expands Strategy to Pursue Copper-Gold Projects.

Jan 07, 2025

Blackstone Minerals Limited (ASX: BSX) is broadening its commodity portfolio to include copper-gold assets, with advanced discussions already underway on promising opportunities in the space. The company is focused on acquiring high-quality copper-gold projects, with significant potential for scale and extended mine life, targeting jurisdictions with stable mining activity. This initiative complements Blackstone's ongoing work on its existing portfolio, including advancing the Ta Khoa Project in Vietnam and renegotiating terms for the Wabowden option agreement to align with current nickel market conditions.

Blackstone’s Managing Director, Scott Williamson, emphasized that the company is actively collaborating with stakeholders to secure strategic partnerships and focus on commodities with long-term market fundamentals. The company aims to create substantial value by aligning with global trends in critical resources like copper, which is essential for renewable energy and electric vehicles.

 

 

 

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