 | BacTech owns commercially-proven bacterial oxidation and bioleaching technologies that liberate precious metals from difficult-to-treat sulphide ores and concentrates. To date, the Company's patented BACOX technology has been used at three gold mines located in Australia, Tasmania and China. Today, two of these mines are still in operation, with our technology producing in excess of 200,000 ounces of gold per annum.
BacTech is a publicly listed Canadian company with its shares quoted on the TSX Venture Exchange (Symbol: BM). The Company was founded in 1988 with its origin in Western Australia. BacTech was incorporated in mid 1997 in Ontario, Canada, and went public in September of the same year.
The Company owns proprietary bacterial oxidation technology that liberates precious and base metals from difficult to treat sulphide ores and concentrates. Bacterial oxidation is a safe and environmentally friendly process. It has the advantage of improving metal recovery at significantly lower capital and operating costs when compared to the traditional treatment methods of smelting, roasting and pressure oxidation. BacTech is a proven leader in the commercialization of bacterial oxidation technology in the metal extractive industry.
BacTech's business plan involves identifying projects with difficult metallurgy. Should the project be amenable to bioleaching, BacTech will strive to acquire an equity position in the project. BacTech will also entertain a conventional licensing transaction, should equity in the project be unavailable.
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BacTech's Gold Technology
Put simply, some metals are easy to separate from rock and some aren't. BacTech uses naturally occurring bacteria, harmless to both humans and the environment, to help separate metal from the tougher rock. Our technology provides a suitable environment for the bacteria within their tanks, creating a 'Garden of Eden' for them to live in. The separation technology achieves in 6 days what would normally take 20 years to occur in nature. And the bacteria work all day and demand very little. Now that's a work force! Best of all, the tailings created are benign and no environmental damage occurs.
We are one of only two companies worldwide who have commercially proven, bioleaching technology. Our team is continually searching for viable deposits that would benefit from our technology and make money for our shareholders. | | Latest News
September 07, 2010
August 13, 2010
August 09, 2010
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Fact sheet on BacTech, updated periodically with new developments; Top ten reasons to own BacTech shares
Company directors and key management
This section provides information on BacTech's gold technology and past projects