Trusted News Discovery Since 2008
One News Page
> >

Blackham Resources adds executive Neil Meadows to the board

Proactive Investors Wednesday, 4 December 2019
Blackham Resources Ltd (ASX:BLK) has promoted Neil Meadows to be its Operations Director expanding on his previous role as general manager of projects and business improvement. Meadows has held COO roles for European Metals Holdings, Karara Mining Ltd and Queensland Nickel and was also managing director of IMX Resources Ltd. Notably, he was the recipient of the Mine Manager of the Year Award through the Sydney Mining Club in 2007 and has held a number of executive roles in the industry. Help drive expansion development Blackham’s executive chairman Milan Jerkovich said: “We are very pleased to welcome Neil to the board of Blackham. “Neil has been a significant contributor to the operational turnaround and business improvement at Wiluna since joining the executive team earlier in the year. “Neil is a very accomplished and highly regarded executive with a wealth of experience in leadership and management in the Australian resources sector. “His experience has and will be of great benefit to Blackham as the company prioritises improvements to operational performance and cost reduction to reduce debt and allow for the transition to the Stage 1 Expansion Sulphide Development which will unlock the pathway to further growth and realisation of the large sulphide reserves and resources at Wiluna.” Targeting production growth in FY20 Blackham has guided to production of between 70,000 and 80,000 ounces of gold at an all-in sustaining cost of A$1,550-$1,750 per ounce in FY2020. This represents annual production growth of 7-22% on FY19 which produced 65,406 ounces of gold at an AISC of A$1,760 per ounce. Production in FY20 will be focussed on free milling ore bodies prior to Blackham transitioning to Stage 1 of its Sulphide Expansion Project, which is planned to commence production during FY21. Production guidance for the current September 2019 quarter is 17,500-19,500 ounces at an AISC of A$1,550-$1,750 per ounce. Expanding in two stages Blackham plans to expand production at Matilda-Wiluna through two stages of expansion, stage I targeting 100,000-120,000 ounces of gold per annum and stage two increasing to 250,000 ounces per annum. Stage I focuses on the production of a gold concentrate predominantly from the Wiluna underground with flexibility to also process its free-milling and tailings Reserves.

Recent related videos from verified sources

Rush Drummer Neil Peart Dead at 67 [Video]Rush Drummer Neil Peart Dead at 67

Rush Drummer Neil Peart Dead at 67. Peart, considered by many as rock's greatest drummer, died on Tuesday. after quietly battling brain cancer for three years. . The news was confirmed..

Credit: Wibbitz Top Stories     Duration: 01:18Published

Star Wars fanatic has amassed a remarkable 5,000 strong collection of memorabilia since falling in love with the film franchise  [Video]Star Wars fanatic has amassed a remarkable 5,000 strong collection of memorabilia since falling in love with the film franchise

A Star Wars fanatic has amassed a 5,000 strong collection of memorabilia since falling in love with the epic film franchise 42 years ago. Obsessive Neil Livesey, 60, has an entire room in his..

Credit: SWNS STUDIO     Duration: 01:34Published

You Might Like

Tweets about this

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.