Welcome to our dedicated page for Besra Gold news (Ticker: BESAF), a resource for investors and traders seeking the latest updates and insights on Besra Gold stock.
Besra Gold Inc (BESAF) maintains this dedicated news hub for stakeholders tracking its gold exploration activities and corporate developments. Access verified updates about the Jugan Gold Project in Malaysia, including pilot plant progress, resource estimates compliant with JORC (2012) standards, and strategic management decisions.
This resource serves investors and industry observers seeking authoritative information about exploration milestones, feasibility study advancements, and operational updates. All content undergoes rigorous verification to ensure alignment with regulatory standards and factual accuracy.
Key update categories include project development timelines, technical reports on mineral resources, corporate governance changes, and operational strategy refinements. Bookmark this page for direct access to Besra Gold's official communications, presented without speculation or promotional bias.
Besra Gold Inc. (ASX: BEZ) has announced plans to commence a deep diamond drilling program for metallurgical testing in early 2025. Under new Managing Director Matthew Antill, the company has revised its Jugan Project strategy to include a smaller open pit followed by potential underground development up to 400 meters deep. This new approach offers advantages over the 2013 Feasibility Study, including reduced surface disturbance, lower tailings volume, and decreased environmental impact. The project aims to utilize hydropower from the nearby Sarawak grid and expects to confirm large mineralization zones ranging from 10-80 meters wide with 200-400 meter strike lengths, suitable for low-cost bulk underground mining.
Besra Gold Inc. (ASX: BEZ) has addressed recent reports regarding a winding-up petition filed by the Malaysian Government against Quantum Metal Sdn Bhd (QM Malaysia). The petition was filed due to delayed tax payments. QM Malaysia, a subsidiary of Quantum Metal Exchange Inc, submitted an installment proposal to Malaysia's Inland Revenue Department on November 8, 2024. Besra clarified that this petition exclusively involves QM Malaysia and does not affect Quantum Metal Recovery Inc, Besra's largest CDI holder and Gold Purchase Agreement partner. The Inland Revenue Department is expected to withdraw the petition upon approval of the installment proposal.
Besra Gold (ASX: BEZ) has released its September 2024 Quarterly Activities Report. Detailed information can be accessed via the provided link. The announcement was authorized by the Board of Besra Gold. For more details, contact Michael Higginson in Australasia or James Hamilton in North America.
Besra Gold Inc (ASX: BEZ) has announced that Matthew Antill has commenced work ahead of schedule as the Managing Director of their Malaysian operating subsidiary, North Borneo Gold Sdn Bhd. Mr Antill will be responsible for advancing the Jugan Project towards commercialization through Pilot Plant production and delivering a Definitive Feasibility Study. He will also focus on the tailings recovery project.
Originally set to start on November 1, 2024, Mr Antill is already in Malaysia conducting a preliminary assessment of the Jugan Project and reviewing the company's assets. With over three decades of experience in mining and mine development, Mr Antill brings significant expertise in gold mining, including refractory and narrow vein operations. His previous roles include Chief Production and Mine Development Officer at Monument Mining and General Manager Operations at Rox Resources in Western Australia.
Besra Gold Inc. (ASX: BEZ) has announced its intention to hold its 2024 annual general meeting on Friday, 20 December 2024. The company, in compliance with ASX Listing Rule 3.13.1, has set Friday, 1 November 2024 as the closing date for receiving nominations from individuals wishing to be considered for election as a Director at the meeting.
Key points:
- The meeting agenda will include the re-election of all Directors
- Nominations must be received by 5:00 pm Australian Eastern Time on 1 November 2024
- Nominations should be sent to the Company's corporate office in Melbourne
- Further details about the meeting, including time and location, will be provided in a separate notice to security holders
The announcement was authorized for release by the Board, with Michael Higginson serving as Director/Company Secretary.
Besra Gold Inc. (ASX: BEZ) has appointed Mr Michael Higginson as a Non-Executive Director. Higginson, who is independent of Quantum Metal Recovery Inc (Besra's largest CDI holder), will continue his role as Company Secretary. He joined Besra as Company Secretary on April 3, 2023, and has been recognized for his exceptional contributions.
Higginson brings over 36 years of experience in professional director and company secretary roles for various Australian and international listed public companies. He holds a Bachelor of Business degree from Edith Cowan University, majoring in Finance and Administration. His expertise includes ASX Listing Rules, Corporations Act, capital raisings, corporate governance, mergers and acquisitions, and financial reporting.
Besra Gold Inc (ASX: BEZ) has issued a clarification regarding a press release by Quantum Metal Sdn Bhd. The company states that Quantum's announcement about Besra's rapidly growing gold mining operations is inaccurate and unauthorized. Besra emphasizes that it is an exploration company without current gold mining operations. The company is actively developing its Jugan Gold Project in Sarawak towards commercialization through a Pilot Plant and a Definitive Feasibility Study.
Besra also clarifies that it does not hold physical gold and assumes Quantum's statement about guaranteed safe gold refers to future production from the Jugan Gold Project. The company's JORC (2012) Resources across several deposits total 2.8 million ounces of gold.
Besra Gold Inc. (ASX: BEZ) has appointed Renee Minchin as its new Chief Financial Officer. Minchin, the founder and Principal of her own accounting practice, brings extensive experience across various industries, including financial services, technology, hospitality, and resources. Her impressive academic background includes a Bachelor of Business in Accounting and Management from Monash University. Minchin holds several professional designations, including Chartered Global Management Accountant (CGMA), Associate of the Chartered Institute of Management Accountants (CIMA), and fellowships with the Governance Institute of Australia (GIA) and the Institute of Chartered Secretaries and Administrators. She is also a registered BAS Agent and an ASIC Agent, with Member in Practice status at CIMA.
Besra Gold Inc. (ASX: BEZ) has appointed Matthew Antill as Managing Director of its Malaysian subsidiary, North Borneo Gold Sdn Bhd, effective November 1, 2024. Antill, a mining engineer with over 30 years of experience, will lead the Jugan Project towards commercialization. His role includes overseeing pilot production and delivering the Definitive Feasibility Study.
Antill's compensation includes an annual salary of A$400,000 plus superannuation. Subject to a three-month probationary period, he will be eligible for 1.2 million performance rights in Besra. These rights are divided into three classes, each with specific performance hurdles related to the Jugan Gold Project and Bau Gold Project development milestones.
Besra Gold Inc (ASX: BEZ) has released its June 2024 Quarterly Activities update. The company, which operates in the gold mining sector, has made this announcement to keep investors and stakeholders informed about its recent activities and progress. While specific details are not provided in this brief release, quarterly reports typically include information on operational performance, financial results, and strategic developments.
The full report is available on Besra's official website, suggesting transparency in their communications. The announcement was authorized by the company's Board, indicating compliance with corporate governance practices. Investors and interested parties can access more detailed information through the provided link or by contacting James Hamilton, the Investor Relations representative.
FAQ
What is the current stock price of Besra Gold (BESAF)?
What is the market cap of Besra Gold (BESAF)?
