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Blackham to fast track Matilda expansion with A$25m raising

Near-term gold producer Blackham Resources has raised A$25-million through an oversubscribed placement, which received strong institutional support.
Blackham would use the proceeds of the placement to fast-track development at its 5.1-million-ounce Matilda gold project, where production is set to start in three weeks, MD Bryan Dixon reported on Friday.