Celsius Resources

Celsius Resources (ASX/AIM:CLA) strategic partner Maharlika Investment Corporation (MIC) has approximately USD $5 billion at its disposal with the aim to catalyse economic growth in the Philippines, through strategic investments in critical sectors, including natural resources, energy, infrastructure, and agriculture. MIC’s potential involvement in Celsius' MCB Project signifies confidence in the project’s economic potential. Executive Director, Mark van Kerkwijk joins Grafa to discuss what's in store for the near term copper-gold producer.

Celsius Resources' MCB Copper-Gold Project is a world-class copper asset in the Philippines that has the potential to drive the world's energy transition.

MCB contains 1.6Mt of copper and 1.3Moz of gold and has a projected life of mine cashflow of US$1.5B.

The Project has received approval and is working towards development within the year.

Celsius Resources has received a mining permit for its MCB copper project in the Philippines.

In this interview, Celsius Resources Managing Director Peter Hume explains the significance of the permit and the potential for the project.

Celsius Resources’ MCB project is the first copper project to be approved in the Philippines in the last 15 years.