Australia

Blackham Resources adds executive Neil Meadows to the board

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

Blackhams 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 oRead More – Source