Gold miner Blackham Resources has downgraded the production expectations at its Matilda/Wiluna project, in Western Australia, on the back of heavy rainfalls and lower mill grades.
Blackham had initially forecast that the project would deliver between 60 000 oz and 70 000 oz in the 2017 financial year, however, the miner on Monday downgraded this to between 42 000 oz and 51 000 oz for the financial year ending June.
