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Asiamet Resources Limited, an Indonesian-based company headquartered in Jakarta, was founded in 2017. Through its subsidiaries, the firm focuses on the exploration and development of mineral deposits throughout Indonesia, primarily targeting copper, gold, zinc, lead, and silver. A key asset in its portfolio is the BKM copper project, an extensive site covering 390 square kilometers in Kalimantan. The company adopted its current name in July 2015, having previously operated as Kalimantan Gold Corporation Limited.

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Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF, FRA:0FK) ended 2025 with a stronger cash position as it continued work on the proposed US$105mln sale of its interest in the KSK Project to Norin Mining and advanced the BKM copper project in Indonesia. The company reported year-end cash of US$3.4mln, up from US$2.3mln a year earlier, while its net loss narrowed to US$4.9mln from US$5.5mln in 2024.

Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF, FRA:0FK) ended 2025 with a stronger cash position as it continued work on the proposed US$105mln sale of its...

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Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF, FRA:0FK), the AIM-listed mining company, saw its shares surge 10% to 1.7p after receiving a key regulatory approval from China for the sale of its KSK copper project in Indonesia. China's State-owned Assets Supervision and Administration Commission (SASAC), the body that oversees state-owned enterprises, has cleared the transaction, removing a significant hurdle for the deal agreed in November 2025.