Highlights
- Blackham and Polymetal execute Gold Concentrate Purchase and Sale Agreement for 70% of Stage 1 Expansion Project concentrate production or 122,500 dmt of Gold Concentrate (whichever is greater) for the first 3 years;
- Long term strategic alliance agreement sees Polymetal appointed as an agent (or a principal) for up to 100% of Wiluna concentrate for the expanded Wiluna Stage 2;
- Alliance establishes a two-way technical and market data sharing opportunity to expand Wiluna and other regional gold concentrate opportunities associated with refractory gold ores.
- The Alliance aims to minimize harmful environmental impact of mining and processing refractory sulphide gold ore via utilising ecologically efficient pressure oxidation technology (POX).
