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Blackstone Minerals acquires IDM for Mankayan project

PRIVATEJun 27, 2025

Acquiring Company

Blackstone Minerals Limited

Acquired Company

IDM International

West PerthBeratMiningMineralMining TechnologyMiningMineralMining Technology

Description

Blackstone Minerals has completed its acquisition of IDM International to secure the Mankayan copper-gold project in the Philippines. As part of this merger, Blackstone issued new shares and options to IDM shareholders for 100% interest in the company. This acquisition is expected to leverage Blackstone's operational expertise and capitalize on the growing global demand for copper and gold.

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Company Information

Company

Blackstone Minerals Limited

Location

West Perth, Western Australia, Australia

About

Blackstone Minerals Limited is an Australian resource company focused on the development of copper-gold assets in Southeast Asia. With a commitment to advancing sustainable mining practices, the company is poised to become a leading copper-gold developer. They recently merged with IDM International to expand their project portfolio.

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Frequently asked

Who acquired IDM International?

IDM International was acquired by Blackstone Minerals Limited, based in West Perth. The deal was reported on June 27, 2025. Blackstone Minerals Limited is an Australian resource company focused on the development of copper-gold assets in Southeast Asia. Blackstone Minerals Limited is privately held and operates in Mining.

When did Blackstone Minerals Limited acquire IDM International?

Blackstone Minerals Limited's acquisition of IDM International was reported on June 27, 2025. Blackstone Minerals has completed its acquisition of IDM International to secure the Mankayan copper-gold project in the Philippines. As part of this merger, Blackstone issued new shares and options to IDM shareholders for 100% interest in the company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does IDM International do?

IDM International is engaged in mining and exploration activities, focusing on the development of the Mankayan copper-gold project. The company seeks to create sustainable partnerships with local stakeholders and enhance resource extraction methods. It is privately held, operating in Mining, and is based in Berat.

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