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Gold group Blackham Resources receives $14.3 million loan to pay off debts

2018-01-15 australianmining.com.au
Western Australian gold mining company Blackham Resources has announced that contractor MACA is to loan the company $14.3 million to help repay its $14.8 million debt to financier Orion.

MACA support underpins Blackham deal

2018-01-15 businessnews.com.au
Blackham Resources has signed up Hartleys as lead manager for a $36 million capital raising that will be priced at just four cents per share, while mining contractor MACA has agreed to lend $14 million and take equity in the struggling gold producer.

Blackham Resources implements initial stages of recapitalisation strategy

2018-01-15 proactiveinvestors.com.au
Blackham Resources Ltd (ASX:BLK) has refinanced its term loan with Orion Fund JV Limited through a new $14.3 million arrangement with key mining contractor MACA Limited (ASX:MLD).

Positive results for Blackham

2018-01-05 businessnews.com.au
Struggling gold producer Blackham Resources has released positive production results for December after being given a two-week reprieve on a $14 million debt repayment earlier this week.

Blackham Resources accesses high grade ore at gold operation

2018-01-05 proactiveinvestors.com.au
Blackham Resources Ltd (ASX:BLK) is accessing high grade ore at the Matilda-Wiluna Gold Operation in Western Australia.

Resources stocks lift as ASX grapples with low summer volumes

2018-01-03 theage.com.au
The Australian sharemarket rose for the first session in three, led by materials and energy stocks which were buoyed by a rally in commodity prices. (67-1)

Resources stocks lift as ASX grapples with low summer volumes

2018-01-03 smh.com.au
The Australian sharemarket rose for the first session in three, led by materials and energy stocks which were buoyed by a rally in commodity prices. (67-1)

Morning Headlines

2018-01-02 businessnews.com.au
Mining veteran Milan Jerkovic is taking the reins at embattled gold producer Blackham Resources, which has negotiated a standstill agreement on a $14 million debt repayment due this week and plans to ask shareholders to contribute $36 million of new capital. Business News.

Blackham secures two-week reprieve

2018-01-02 businessnews.com.au
Mining veteran Milan Jerkovic is taking the reins at embattled gold producer Blackham Resources, which has negotiated a standstill agreement on a $14 million debt repayment due this week and plans to ask shareholders to contribute $36 million of new capital.

Blackham Resources granted extension to term loan

2018-01-02 proactiveinvestors.com.au
Blackham Resources Ltd (ASX:BLK) has been granted an extension to the maturity date of a term loan while it attempts to refinance the loan.

Blackham Resources enters trading halt pending update on funding arrangements

2017-12-14 proactiveinvestors.com.au
Blackham Resources Ltd’s (ASX:BLK) shares have been granted a trading halt by the ASX, pending details regarding an update on its funding arrangements.

Blackham Resources extends closing date of rights issue

2017-12-12 proactiveinvestors.com.au
Blackham Resources Ltd (ASX:BLK), a Western Australian gold producer, has extended the closing date of its renounceable pro-rata entitlement offer to shareholders to Friday, 22 December 2017.

Blackham Resources assays bode well for a gold resource upgrade

2017-11-27 proactiveinvestors.com.au
Blackham Resources Ltd (ASX:BLK) has intercepted high-grade gold mineralisation at the Bulletin Lode within the Matilda-Wiluna Gold Operation in Western Australia.

Blackham Resources takes major step towards re-financing the Matilda-Wiluna Operation

2017-11-27 proactiveinvestors.com.au
Blackham Resources Ltd (ASX:BLK) is on the road to completing the re-financing of the Matilda-Wiluna Operation with an agreed initial $60 million funding package with Pacific Road Capital.

No teething troubles at Wiluna Gold

2017-11-10 australianmining.com.au
When a new girth gear was urgently required at the Wiluna gold mine, the mine’s new owners were confident that a segmented girth gear from SEW-Eurodrive’s would fit the bill.