Planning & design of mine infrastructure and processing plant
2017
Completed JORC drilling campaign on East, Valley & West Deposits
Constructed mine infrastructure and processing plant with a steady-state production of 40,000 wet metric tonnes (“WMT”) a month
Blasting and excavation of over-burden to open up mine pit
2018
Commercial production of iron ore concentrate with TFe grade of at least 65% in April 2018
Maiden JORC indicated & inferred resource of 5.41 Mt in East, Valley & West Deposits, covering an aggregate surface area representing approximately 4.71% of the total land area of Bukit Besi Mine of 526.2 ha
2019
Listed on the Catalist Board of SGX-ST in March 2019
S$15.0 million gross proceeds raised
First interim dividend for FY2020 equal to the 12.1% profit of FY2019 as promised
