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Tough quarter leads to Blackham guidance cut

Lower production, higher costs, and delayed concentrator production, but balance sheet repaired

Haydn Black
Blackham suffered more setbacks at Wiluna, but believes it has finally turned a corner.

Blackham suffered more setbacks at Wiluna, but believes it has finally turned a corner.

Gold production fell from 20,003 ounces at all-in sustaining costs of A$1527/oz in the December quarter to 12,950oz at $2287/oz for the March quarter.   The good news is that the Australian gold price...

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