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Blackstone Minerals and IDM International Merge to Unlock Mankayan Copper-Gold Potential
9:30am on Thursday 6th of February, 2025 AEDT
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Mining
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Blackstone Minerals and IDM International Merge to Unlock Mankayan Copper-Gold Potential
9:30am on Thursday 6th of February, 2025 AEDT
Key Points
Binding scheme implementation deed signed between Blackstone Minerals and IDM International
Acquisition of 100% of IDM via all-scrip transaction at 7.4 Blackstone shares per IDM share
Mankayan Project is one of the largest high-grade undeveloped copper-gold porphyry systems globally
Philippines offers a pro-mining environment with strong social license secured by IDM
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