Celsius Resources

Celsius Resources began as an exploration company with a portfolio spanning various regions. However, the company's narrative truly began to crystallize around its focus on copper and cobalt assets. The key figures guiding this direction have been part of its board and management team, navigating the complexities of the mining industry. The company's journey took a significant turn when it zeroed in on the Philippines. It acquired the Maalinao-Caigutan-Biyog (MCB) copper-gold project, a move that would come to define its primary objective. This wasn't just about finding a resource; it was about developing a project with a high-grade mineral deposit in a region with a long history of mining. The MCB project represented a substantial undertaking, requiring significant capital and a deep understanding of local operations. A pivotal moment for Celsius Resources was its listing on the Australian Securities Exchange (ASX) under the ticker 'CLA'. This Initial Public Offering provided the necessary capital to advance its exploration and development activities, particularly for the flagship MCB project. The public listing brought a new level of scrutiny and opportunity, allowing the market to weigh in on the potential of its Philippine assets. The company continues to work towards developing the MCB project, facing the inherent challenges of the mining sector, from regulatory hurdles to commodity price fluctuations.