Bald Hill Project

Alliance Mineral Assets shares edge lower on share compensation announcement
SINGAPORE (Apr 17): Shares in Alliance Mineral Assets edged lower this morning after announcing on Monday night it plans to issue 13.25 million new shares valued at nearly $4.9 million to certain directors and executives including former CEO Tjandra Pramoko and wife and executive director Suen Sze Man who were both asked to step down earlier. The value of the shares was based on last Friday's ...
Alliance Mineral Assets CEO Pramoko finally settles debt to Lim
SINGAPORE (Jan 18): A long-running dispute between the CEO of Alliance Mineral Assets, Tjandra Pramoko, and his one-time business partner, Jonathan Lim Keng Hock, appears to be settled. On Thursday night, AMA announced in a filing that all of Pramoko’s debt to Lim has been fully repaid, and a tranche of nearly 46.1 million shares owned by the CEO but seized on court order, has been ...
Alliance Mineral Assets and Burwill agree to alter terms of Bald Hill Project off-take agreement
SINGAPORE (Oct 5): Alliance Mineral Assets is altering the terms of the lithium concentrate off-take agreement from its Bald Hill Project with Hongkong-listed Burwill Holdings. See: Burwill to pay A$25 mil for exclusive selling rights to Alliance Mineral Assets’ Bald Hill lithium Among terms of the latest deal, the third and final offtake of A$4.375 million ($4.7 million) due to Alliance ...
Burwill to pay A$25 mil for exclusive selling rights to Alliance Mineral Assets’ Bald Hill lithium
SINGAPORE (April 21): Hong Kong-listed Burwill Commodity announced in a regulatory filing on Thursday that it has entered into offtake agreements with Alliance Mineral Assets, Lithco No. 2, and Tawana Resources. Burwill will advance by instalments A$25 million ($26.3 million) for exclusive selling rights to the lithium concentrate flowing from the Bald Hill Project in Western Australia for a ...
Thinking of investing in lithium and tantalum mines? This stock should pique your interest
SINGAPORE (Feb 24): Alliance Mineral Assets (AMA) has seen heavy trading since announcing on Feb 13 that it could be in business by year-end. The Catalist-listed lithium and tantalum miner has confirmed the presence of high-quality grades of lithium at unusually high concentration levels of 7.1% at its Bald Hill Project near Perth in Western Australia. AMA CEO Tjandra Pramoko and his wife, ...
Alliance Mineral Assets hits lithium jackpot
SINGAPORE (Sept 23): When Alliance Mineral Assets (AMA) began production for tantalum last December, just over a year after listing, prices of the rare metal used in mobile phone electronic components were close to US$100 a pound ($1,357). It also had an offtake agreement with Mitsubishi Corp, one of the largest Japanese trading houses. But this April, the price of tantalite, from which ...