Blackham Resources Ltd. is pleased to report exceptional high-grade results from resource development drilling at the Wiluna Mining Centre which is designed to significantly increase the confidence in the sulphide Mineral Resources from Inferred to Indicated category. Results are also expected in the coming weeks from ongoing drilling at the [...]
Blackham Resources Ltd. is pleased to announce that Ms Sara Kelly has been appointed as an independent non-executive director of the Company. Sara Kelly is a corporate lawyer and Partner at Edwards Mac Scovell Legal , and has significant transactional and industry experience having both worked in private practice as a corporate advisor and as [...]
Blackham Resources Ltd. is pleased to announce that the company is presenting at the Stockhead video conference "Gold Out West - The Explorers" The full video presentation from Executive Chairman Milan Jerkovic can be viewed from 6.30 am AEST Thursday 21st May 2020 using the following URL: https://www.abnnewswire.net/lnk/KK94JPK6 To view the [...]
Blackham Resources Ltd. is pleased to announce that an updated, indicative term sheet between the company and Mercuria Energy Group has been signed providing Blackham with A$21m in the form of a prepaid swap on gold with a supporting hedge facility, and an intention to a further A$40m, for a total of up to A$61m. Highlights -Facility potentially up [...]
Notice of Meeting of the Shareholders of Blackham Resources Ltd. is to be held on Tuesday 2 June 2020 at 10.00 am . Covid-19 Management In response to the Australian Government's restrictions on gatherings, and the ongoing social distancing requirements, Blackham is committed to continue playing its part in contributing to the health and safety of [...]
Blackham Resources Ltd. provides the following update on its activities for the quarter ended 31 March 2020 , and thereafter: Operations o March 2020 quarterly gold production of 12,950oz. @ an AISC of A$2,287/oz. o The main reason for the poorer-than-expected production performance was due to limited access to high grade ore from the mines during [...]
Blackham Resources Ltd. is pleased to report high-grade results from reserve extensional drilling at the Golden Age high-grade underground mine. Golden Age is a high-grade narrow-vein quartz reef deposit that provides supplementary high-grade mill feed along with baseload feed from the Company's open pit mines. Results presented here are for a [...]
Blackham Resources Ltd. is pleased to provide an operations and projects update. Mining and Processing Blackham's operations have been constrained in the first two months of the March 2020 quarter due to seasonal weather impacts , equipment issues and shortages of qualified operators resulting in mining production being below plan. Importantly [...]
Blackham Resources Ltd. is pleased to report further strong results from resource and reserve development drilling designed to expand reserves ahead of Stage 1 Sulphide Expansion production at its 6.4 million ounce Wiluna Gold Mine from mid-2020. Stage 1 sulphide production aims to ramp up through 2021 to 100-120,000oz per annum. Wiluna is endowed [...]
Blackham Resources Ltd. , and Trafigura Pte. Ltd. have executed a sales contract for Trafigura to purchase Gold Concentrate from Blackham's Stage 1 Expansion project . The contract shall be effective from the start of Blackham's gold concentrates production anticipated in Q3FY21, for a period of 3 years, and following that shall be renewed on an [...]
Blackham Resources Ltd. generated a strong net profit for the half-year ended 31 December 2019 of $24m, including $19m relating to the sale of non-core assets. Gross profit and cash flows from operations of A$7m and A$7m respectively illustrated the operational turnaround from prior periods' mining investments, underpinned by gold production of [...]
The Directors of Blackham Resources Ltd. are pleased to announce a two-tranche Placement and a proposed, fully underwritten, non-renounceable Entitlement Offer to raise a total of $52 Million, before costs . Arlington Group Asset Management Limited has been appointed Lead Manager, and are being supported by Ironbridge Capital Partners LLP, and [...]