31/01/2018 - 14:42

Blackham on track for profitability at Wiluna

31/01/2018 - 14:42

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After a difficult 2017, Blackham Resources has turned around mining activity at its 100%-owned Wiluna gold project. A strong lift in ounces mined in January continued the positive trend begun late last year and the company expects strong operational cash flows through 2018. Blackham also enters the new year with a strong balance sheet thanks to a fully underwritten capital raising of $36 million that will see it convert resources to reserves.

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