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Mining Capital's Alastair Ford on Bezant Resources' Mankayan copper project financing

Mining Capital's Alastair Ford gives his take on the news this week that Bezant Resources PLC (LON:BZT)  has conditionally agreed to sell an 80% interest in the Mankayan copper project in the Philippines.

It's being sold to Mining and Minerals Industries Holding Ltd which itself has entered into a separate agreement to vend certain mining assets in the Philippines to China Hongxing Sports Limited (CHX), a public company listed on the main board of the Singapore stock exchange.

Quick facts: Bezant Resources PLC

Price: 0.065 GBX

AIM:BZT
Market: AIM
Market Cap: £825.34 k
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on 3/3/18

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