BOG has identified MCSB, which is 100%-owned by Minetech Resources Bhd, as a “competent and suitable” contractor for carrying out the mining works. MCSB is currently undertaking mining excavation works at Selinsing gold mine at Sungai Koyan, Kuala Lipis in Pahang.Borneo
KUCHING: Interest in Borneo Oil Bhd
’s shares picked up last week on progress in its gold mining activities.
The company saw its share price gain half a sen last Friday to close at seven sen. It was one of the most actively traded counters last week.
The company recently announced a tie-up with Minetech Construction Sdn Bhd (MCSB) to carry out gold mining activities in Bukit Ibam, Pahang.
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