Blackham progresses recap

BLACKHAM Resources is one step closer to a fresh start after meeting a key requirement of its recapitalisation plan.

Blackham progresses recap Blackham progresses recap Blackham progresses recap Blackham progresses recap Blackham progresses recap

The struggling gold miner had until today to refinance its non-amortising term loan with Orion Fund JV, which it has done via a new A$14.3 million financing arrangement with mining contractor MACA.