Asaplus Resources Limited (ASX:AJY)
Asaplus Resources Limited is a Singapore-based company, which is engaged in the exploration, mining and marketing of the iron ore. The Company's segments include Mining, and Trading and consulting service. The Mining segment is engaged in exploration and mining of iron ore. The Trading and consulting service segment is engaged in trading of copper strips and providing consulting service. It operates two mines, such as Beikeng Mine and Silverstone Mine. The Company holds approximately 80% interest in the Beikeng Iron Mine, which is situated approximately 20 kilometers (km) from the town of Datian within Fujian province in the Peoples Republic of China (PRC). The Silverstone Mine is located on the west side of the Dai Yun mountains in Datian County, Fujian province in the PRC. Its subsidiaries include Yinzhou Consulting Co., Ltd, Asaplus Ventures Limited, Datian Hua Yu Mining Co., Ltd and Hong Ji Mining Co., Ltd, among others.