Polymetal has made a strategic alliance and concluded an agreement to buy gold-containing concentrate from Blackham Resources (BLK), Australia.
The company will buy 70% of concentrate produced at the first stage of the Wiluna deposit development during the first three years, or 122.5 thousand tons of concentrate with the gold content of not less than 195 thousand ounces.
After that Polymetal will get the right to buy all the concentrate produced at the deposit. (Ukrainian metal)