Beacon Hill Resources

Beacon Hill Resources Plc ('Beacon Hill' or 'the Company') is an AIM and ASX listed resources company, headquartered in Johannesburg, that is focussed on building and developing a portfolio of near term production projects in commodities relating to the steel production industry. Beacon Hill's flagship project is the Minas Moatize Coking Coal Proje... ct, which is an operating coal mine in the Tete Province of Mozambique. The Company took management control of the mine in May 2010, and has developed the mine into an open cast operation. The Company has a defined development plan in place to increase production to 2.8 million tonnes per annum ('Mtpa') ROM Coal. The defined JORC-compliant Resource is 86.8 million tonnes. In addition to the Minas Moatize Coking Coal Project, Beacon Hill holds (1) mineral tenure over two large, high grade magnesite deposits at Arthur River and Lyons River in north-western Tasmania, Australia and (2) majority ownership in the Changara Coal Project, which is a coal exploration project in the Tete Province of Mozambique. Beacon Hill Resources Plc's shares are traded on the AIM Market ('AIM') of the London Stock Exchange under the code "BHR" and on the Australian Securities Exchange ('ASX') under the code "BHU". Beacon Hill Resources Plc is incorporated in England and Wales with registered number 5696680. Beacon Hill Resources Plc's main countries of operation are the UK, Mozambique, South Africa and Australia.Read More