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Topic - Blackthorn Resources
Oct 08, 2015
The Kitumba copper project, in Zambia, has benefited from another update to its prefeasibility study, with owner Intrepid Mines reporting a 35% decline in estimated capital costs. A 2013 feasibility study by previous owner Blackthorn Resources, estimated that the...
Nov 18, 2014
Zambia-focused Blackthorn Resources has been granted a mining lease for its Kitumba copper project, satisfying a key condition of a takeover by fellow-listed Intrepid Mines. “This is a significant milestone for Blackthorn Resources and confirms the support of the...
Aug 28, 2014
Precious metals developer Intrepid Mines on Thursday announced a merger with fellow-listed Blackthorn Resources to create a copper company with assets in Zambia. Under the terms of the agreement, Blackthorn shareholder would receive 1.078 Intrepid shares for each...
May 02, 2014
ASX-listed Blackthorn Resources is on the hunt for a project partner to help fund the development of its Kitumba copper project, in Zambia. At the end of April, Blackthorn announced that an optimised feasibility study for the project had more than tripled Kitumba’s...
Apr 29, 2014
An optimised prefeasibility study (PFS) for ASX-listed Blackthorn Resources’ Kitumba copper project, in Zambia, has more than tripled the project’s expected value. The optimised PFS estimated that the Kitumba project would have an internal rate of return of 21% and...
Apr 16, 2014
ASX-listed Blackthorn Resources has signed an agreement with mining major GlencoreXstrata to sell its remaining 27.3% interest in the Perkoa zinc project, in Burkina Faso, for $12-million. Under the terms of the transaction, Blackthorn would receive $10-million for...
Mar 27, 2014
ASX-listed junior Blackthorn Resources was hoping to lower the capital cost expectations of its Kitumba copper project, in Zambia. Blackthorn told shareholders on Thursday that optimisation work on the previous prefeasibility study (PFS) had so far indicated...
Feb 14, 2014
ASX-listed junior Blackthorn Resources has suspended opencut operations at the Perkoa zinc mine, in Burkina Faso, it reported on Friday, citing resource underperformance, weaker metal prices and “unacceptable” openpit financial results. Earlier this week, joint...
Oct 17, 2013
Oct 03, 2013
Sep 10, 2013
Aug 20, 2013
Aug 02, 2013
ASX-listed Blackthorn Resources saw a near 8% slump in its share price on Friday, after reporting that its Perkoa mine, in Burkina Faso, would require another capital investment. The miner said that its joint venture (JV) partner, Glencore Xstrata, had advised that...
May 30, 2013
Base metals developer Blackthorn Resources has pushed back the first expected shipment from its Perkoa mine, in Burkina Faso, from the third quarter of this year to the fourth quarter. The ASX-listed miner said on Thursday that production at the zinc mine had been...
Apr 12, 2013
ASX-listed junior Blackthorn Resources expects to deliver the prefeasibility study (PFS) for its Zambia-based Kitumba resource by the end of July. The junior miner started the PFS on the flagship deposit, which formed part of Blackthorn’s Mumbwa copper project, in...
Mar 13, 2013
ASX-listed Blackthorn Resources has secured an additional $80-million in equity funding from joint venture (JV) partner Glencore to complete the construction and commissioning of its Perkoa zinc project, in Burkina Faso. Earlier this year, Blackthorn announced that...
Jan 29, 2013
ASX-listed Blackthorn Resources has upped the price tag on its Perkoa joint venture (JV) to some $260-million, following a revised cost estimate by partner Glencore. Glencore had previously agreed to provide $120-million working capital to fund the expanded project...
Jan 08, 2013
ASX-listed junior Blackthorn Resources has commissioned a prefeasibility study (PFS) for the Kitumba resource, which forms part of the Mumbwa copper project, in Zambia. The commissioning of the PFS followed the successful completion of a scoping study in September...
Sep 26, 2012
ASX-listed Blackthorn Resources was expecting first concentrate from its Perkoa joint venture (JV), in Burkina Faso, by the end of October or early November. The company said on Wednesday that the cold commissioning process at the plant, which was currently under...
Sep 17, 2012
A scoping study has found that ASX-listed Blackthorn Resources’ Kitumba copper project, in Zambia, could produce between 55 000 t/y and 75 000 t/y of copper. The scoping study evaluated a truck-and-shovel openpit mine. The study was based on a resource estimate of...
Aug 28, 2012
Dual listed Tiger Resources has formed a strategic alliance with ASX-listed copper explorer Chrysalis Resources to expand its footprint in the Zambian copper belt. Under the terms of the agreement, Tiger would acquire a 19.9% interest in Chrysalis by investing up to...
Jul 17, 2012
Base and precious metals developer Blackthorn Resources would undertake a A$40.1-million capital raising to fund resource definition and feasibility studies at its Kitumba project. The company said on Tuesday that it would undertake a two-for-17 accelerated...
Jul 12, 2012
The board of ASX-listed developer Blackthorn Resources has given its approval to participate in the expansion of its Perkoa joint venture (JV) project with Glencore International. In 2011, Glencore proposed an enhanced business case for the Perkoa JV, in Burkina...
Jun 29, 2012
Base and precious metals developer Blackthorn Resources has reported a 160% in contained copper for its Kitumba deposit, which forms part of its Mumbwa project, in Zambia. The mineral resource at Kitumba has now increased to 187-million tons, at 1.14% copper, up...
May 25, 2012
Metals developer Blackthorn Resources has reported an 80% increase in the mineral resource at its Perkoa joint venture project, in Burkina Faso. The project’s mineral resource has now increased to 12.17-million tons, at 10.3% zinc and 53.9 g/t silver. Measured and...
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