The Future of Global Metals: Blackstone’s Vision
At Blackstone Minerals (ASX:BSX), we don’t just mine - we unlock the future of sustainable resource development. Our commitment to delivering critical metals for the energy transition, coupled with a world-class leadership team, positions us at the forefront of global mining innovation.
A Game-Changing Investment Opportunity
Imagine owning a piece of one of the largest, high-grade undeveloped copper-gold porphyry projects in the world. With the recent strategic merger with IDM International, Blackstone is now uniquely positioned to capitalise on the untapped potential of the Mankayan Copper-Gold Project in the Philippines.
The Mankayan Advantage: A Rare and Valuable Asset
The Mankayan Project is a world-class mineral system with immense scale and exceptional high-grade mineralisation:
- One of the largest high-grade undeveloped copper-gold deposits globally
- Located in the Philippines' premier mining region, just 2.5km from the active Lepanto Gold Mine and Far Southeast (FSE) porphyry project
- Proven world-class drill intercepts, with grades significantly higher than many global undeveloped copper-gold projects
- Lower capital expenditure potential, focused on a high-grade core for early-stage cash flow generation
- Over 56,000m of diamond drilling completed, confirming the project's scale and quality
- Significant exploration upside, with the deposit open to the north, south, and at depth
Strong Tailwinds: A Global Shift to Copper and Gold
Copper is the backbone of global electrification, and demand is set to skyrocket in the coming decades. With global copper supply tightening and prices rising, Blackstone’s Mankayan Project is perfectly timed to meet this demand, offering investors exposure to one of the most critical metals of the future.
Gold remains a safe-haven asset, particularly in volatile economic conditions. With Mankayan’s exceptional gold grades, the project delivers not just copper upside but also built-in protection against market fluctuations.
A Proven Track Record & A Visionary Team
Blackstone Minerals’ management team is stacked with mining veterans who have delivered success time and again:
- Geoff Gilmour - Executive Chairman - A highly experienced resources executive with over 30 years of leadership in junior mining, bringing a strong track record of value creation and project development.
- Oliver Cairns - Non-Executive Director - A seasoned corporate and commercial professional with deep, hands-on experience in the Mankayan Project and over 25 years of strategic and investor relations expertise.
- Greg Cunnold - Non-Executive Director - An accomplished geologist with more than 30 years of global exploration and development experience across base, precious, and critical minerals.
- Mark Williams - Non-Executive Director - Mr. Williams is a mining executive with over 30 years of global operational experience, including extensive Philippines experience, and led Red 5 Limited for 10 years through the turnaround of the Siana Gold Project and the development of the King of the Hills Gold Mine, growing the company to a $1.5 billion valuation before its merger with Silver Lake Resources.
- James Bahen - Company Secretary - An experienced company secretary and governance specialist with extensive ASX, capital markets, and corporate compliance expertise.
- Joey Ayson & Ronnie Siapno (In-Country Leadership) - Deep expertise in Philippine mining operations, ensuring strong local relationships and regulatory alignment.
The Philippines: A Mining-Friendly Jurisdiction
With a pro-mining government and a recent surge in foreign investment, the Philippines is once again becoming a global mining hotspot. The Mankayan Project holds a 25-year Mineral Production Sharing Agreement and has the full backing of the local indigenous community - a crucial element for long-term success.
Blackstone’s Growth Trajectory: More Than Just Mankayan
Beyond Mankayan, Blackstone’s Ta Khoa Nickel Project in Vietnam is advancing towards production, further cementing our position as a diversified base metals powerhouse. With strong synergies between nickel and copper mining, our projects provide exposure to two of the most in-demand metals driving the global energy transition.
Why Now? The Perfect Time to Invest
- Undervalued compared to peers - Blackstone is trading at a significant discount relative to other global copper-gold developers.
- Copper prices on the rise - Analysts forecast a major supply deficit, pushing copper prices to record highs.
- Mankayan’s high-grade core offers rapid economic returns - A lower upfront capital requirement makes this project one of the fastest paths to production in the sector.
- A strong ESG commitment - We are committed to sustainable, responsible mining that benefits investors, local communities, and the environment alike.
Blackstone Minerals is more than a mining company
It’s a gateway to the metals that will power the world of tomorrow. With a world-class asset, a seasoned team, and the perfect market conditions, now is the time to invest in the next copper-gold success story.
Join us on this exciting journey and be part of our community.