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Topic - Blackthorn Resources
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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
ASX-listed Blackthorn Resources has shipped its first zinc concentrate from the Perkoa project, in Burkina Faso. Blackthorn said on Thursday that 12 175 t of zinc concentrate sailed from the port of Abidjan, in Cote d’Ivoire. A further 16 000 t of zinc concentrate...
Oct 03, 2013
Sep 10, 2013
Aug 20, 2013
Aug 02, 2013
 
 
 
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...
Feb 22, 2012
This electronic report includes details on Botswana's decision to lift its ban on new prospecting licences for coal, coal-bed methane and related minerals; Russian steelmaker Severstal increasing its shareholding in the Putu iron-ore project, in Liberia; and...
Dec 13, 2011
Australia-based Blackthorn Resources has extracted the first 500 t of development ore from the Perkoa zinc joint venture project in Burkina Faso, it reported on Tuesday. Construction activities at Perkoa were scaled up significantly from early 2011, including the...
Dec 12, 2011
Blackthorn Resources' approval to proceed with the expansion of the Perkoa zinc project, in Burkina Faso, suspension of base metals miner Albidon's operations at its Munali nickel mine, in Zambia; and Ghana's intention to raise the corporate tax rate for mining...
Nov 30, 2011
The board of West Africa-focused Blackthorn Resources has given conditional approval for the company to proceed with the expansion of the Perkoa zinc joint venture (JV) to include silver and lead production. The miner’s JV partner Glencore International, which owns...
Sep 15, 2011
ASX-listed Blackthorn Resources said on Thursday that its joint venture partner, Glencore International, has proposed an enhanced business case for the Perkoa zinc project, in Burkina Faso. Glencore is proposing that the Perkoa process plant be modified to include...
Jun 15, 2011
Zambia is looking increasingly attractive to global mining investors, Zambian Development Agency director-general Andrew Chipwende said on Wednesday. The global interest could be attributed to the country’s mining legislation, which he said was conducive to...
May 23, 2011
Diversified miner BHP Billiton would withdraw from the Mumbwa project, in Zambia, joint-venture (JV) exploration partner Blackthorn Resources said on Monday. BHP would assign its 40% interest in the JV to Blackthorn, which would now hold a 100% interest over the...
Mar 23, 2011
Commodities trader Glencore International has invested $10-million in its Perkoa zinc joint-venture partner Blackthorn Resources. Blackthorn said on Wednesday it would issue more than 16-million ordinary shares to Glencore, making the commodities trader its largest...
 
 
 
 
Mar 15, 2011
Glencore International has started a study of the potential value enhancing changes to the scope of Perkoa zinc project in Burkina Faso, joint-venture (JV) partner Blackthorn Resources said on Tuesday. The study would investigate the economic viability of producing...
Jan 10, 2011
ASX-listed explorer Blackthorn Resources said on Monday that it was unlikely to secure the sale of its 74%-interest in the Mokopane nickel and platinum-group element (PGE) project, in South Africa, before the current permit expired in April. Blackthorn announced in...
Nov 24, 2010
Africa-focused explorer Blackthorn Resources has declared a maiden inferred mineral resource of 4,1-million tons, at 1,06 g/t gold for its Guido prospect, in Burkina Faso. At current estimations, using a 0,4 g/t gold cut off grade, the project is expected to contain...
Sep 06, 2010
ASX-listed explorer Blackthorn Resources on Monday lifted the suspension of trading in its shares after receiving a written confirmation from the Zambian government, regarding its Mumbwa prospecting licence. It jointly owns the prospecting licence in a joint venture...
Sep 03, 2010
ASX-listed explorer Blackthorn Resources on Friday suspended trading in its shares pending an announcement from the Zambian Ministry of Mines and Minerals Development confirming the status of its Mumbwa prospecting licence. Blackthorn owns the iron-oxide copper/gold...
Aug 24, 2010
Commodities trader Glencore International would invest $80-million in the Perkoa zinc project, in Burkina Faso, to move it into production by early 2012, joint-venture (JV) partner Blackthorn Resources said on Tuesday. Glencore would fund the remaining capital...
Jul 29, 2010
Australia-based Blackthorn Resources sold its 74% interest in the Mokopane nickel/platinum project, in South Africa, to its black economic empowerment (BEE) partner for R4-million. Blackthorn MD Scott Lowe said on Thursday that the company would now focus on its...
Jul 06, 2010
Base metals explorer Blackthorn Resources has signed an offtake agreement with Swiss commodities trader Glencore International for the zinc concentrates produced at the Perkoa mine, in Burkina Faso. The offtake agreement would only come into effect once the Perkoa...
Mar 01, 2010
ASX-listed Blackthorn Resources said on Monday that on-site construction activities during its Perkoa zinc project's care-and-maintenance period would shorten the start-up to production at the mine, once remobilisation began. The Australia-based company suspended...
Jan 27, 2010
Diversified giant BHP Billiton has decided to manage and fund the next phase of the Mumbwa iron oxide/copper/gold exploration project in Zambia, joint-venture (JV) partner Blackthorn Resources said on Wednesday. Once completed, BHP could elect to increase its...
 
 
 
 
Jan 12, 2010
ASX-listed Blackthorn Resources has entered into an agreement with Swiss mining and commodities trader Glencore to form a joint venture (JV) to bring the Perkoa zinc mine, in Burkina Faso, into commercial production. Blackthorn MD Scott Lowe stated that the company...
Oct 19, 2009
ASX-listed exploration company Blackthorn Resources has provided an initial mineral resource estimate for the Kitumba copper anomaly, in its Mumbwa joint venture (JV) project, in Zambia. Using a 0,2% copper cut-off, an on site inferred mineral resource containing...
Mar 24, 2009
ASX-listed Blackthorn Resources has identified geophysical anomalies in eight prospects in its Poa and Guido tenements, in Burkina Faso. In conjunction with the geophysical survey, Blackthorn completed a soil sampling programme over various targets to further...
Mar 12, 2009
Global diversified-miner BHP Billiton will fully fund the next drilling phase of the Mumbwa project, in Zambia, joint-venture (JV) partner Blackthorn Resources said on Thursday. The Australian company said that BHP Billiton would now have full responsibility for...
Mar 09, 2009
Australia-based Blackthorn Resources has revised its current gold and base metals exploration programme in Burkina Faso to include the recently granted Seboun and Sepaogo permit areas. The company engaged Terratec Geophysical Services in late 2008, to conduct 70...
 
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