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Black Rock Mining Ltd

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Market:
ASX
Market Cap:
$29.88 m
Price
0.05 AUD
Change
-2.04%
52 weeks high
0.12
52 weeks low
0.03

Black Rock Mining Ltd (ASX:BKT) is focused on developing its Mahenge Graphite Project, which holds the largest high-grade flake graphite resource in Tanzania – the fourth largest contained graphite resource in the World. Following positive scoping study results released in March 2016, Black Rock released its preliminary feasibility study (PFS) with outstanding results – refer to ASX announcement from 24 April 2017. The PFS will now roll directly into a DFS.

Mahenge Project

Black Rock Mining Ltd (ASX:BKT) has a 100% interest in the Mahenge Project in Tanzania which hosts a multi-generational graphite resource and is one of the largest JORC-compliant flake graphite resources globally, with 212m tonnes @ 7.8% TGC, and a reserve of 70m tonnes @ 8.5% TGC.

The Mahenge Project is spread across 324 square kilometres of exploration tenements in Tanzania’s Ulanga district, approximately 250 km north of the border with Mozambique. 250 km west of the coastal port city of Mtwara on the Indian Ocean and 300 km southwest of Tanzania’s largest city, Dar es Salaam.

Black Rock’s Definitive Feasibility Study for the project considers a three-stage construction schedule to deliver up to 250,000 tonnes per annum of 98.5% graphite concentrate for 32 years of 98.5% LOI premium graphite flake concentrate with the ability to produce Ultra Purity flake of 99% LOI.

(click here for more information on this project)


Last updated 1st October 2019

Mr Richard Crookes
Chairman
B Sc (Geology), Grad Dip Applied Finance

Mr. Crookes joins Black Rock with 30 years’ experience in the resources and investments industry and as such has a unique blend of broad resources industry experience coupled with a successful career in investment management. Mr. Crookes, a geologist by background, is an Investment Director at leading private equity resources fund, EMR Capital.

Mr. Crookes started his career in mineral exploration and mining with MIM Holdings Ltd. His prior roles include Chief Geologist and Mining Manager of Ernest Henry Cu-Au Mine in Australia (now Glencore). Throughout his career in resources, Richard has been deeply involved in all aspects of mining projects, including exploration, mineral resource development, mine operations, environmental management, project finance and project management.

After 15 years in this sector, Richard then worked for Macquarie Group Ltd for 12 years (before joining EMR Capital), becoming an Executive Director in the Metals Energy Capital Division, where he managed all aspects of the Bank’s principal investments in mining and metals companies including deal origination, evaluation, structuring, post-acquisition management, client relationship management, marketing and execution of investment entry and exits for both private and public resources companies in Australia and overseas. Richard managed the provision of capital to junior to mid-tier resources companies from early equity through mezzanine loans to project finance facilities across a wide range of commodities and jurisdictions, including several African countries.

Richard is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM) and a Fellow of the Financial Services Institute of Australia (FINSIA).


Mr John de Vries
CEO

Mr de Vries has over 30 years’ experience in the mining industry.  He started his career in 1984 working for WMC Resources and held operational roles such as Underground Manager, Senior Mining Engineer and Manager Mining. In 1998, he moved to AMC Consultants to become a Principal Mining Engineer responsible for Mine Optimisation. In 2003, he joined Orica Mining Services as Global Business Manager, Advanced Mining Solutions before moving to BHP Billiton in 2007 as Manager Strategic Mine Planning.

Most recently from 2011 to 2015, he was General Manager Technical Services for St Barbara. After his success with St Barbara, Mr de Vries took an 18-month sabbatical before joining Black Rock Mining.

Mr de Vries holds a Bachelor of Engineering, Mining, a Masters of Science in Mineral Economics, a Graduate Diploma in Economic Geology, a Graduate Diploma in Financial Markets and is Advisory Committee Member-Mining of MRIWA. Mr de Vries holds a WA First Class Mine Managers Certificate of Competency. He is a member of the AusIMM, a fellow of FINSIA and a member of

SME.


Ian Murray
NON-EXECUTIVE DIRECTOR
B Com, ICAA, SAICA, MAICD

Mr Murray joins Black Rock with over 20 years’ corporate experience in the puplicly listed resources sector.   Between 1997 and 2005, he held positions including chief financial officer and chief executive officer with DRDGold Ltd.  Mr Murray oversaw DRDGold’s major acquisitions, restructures and stock exchange listings.  During this time, Mr Murray also served on the board of South African gold refinery Rand Refinery Limited and the internet-based commodity investment platform GoldMoney.com.  He has also held senior management positions for companies such as KPMG, Price Waterhouse, and Bioclones.

More recently, as Chief Executive Officer, he successfully delivered Gold Road Resources Gruyere Project.

Mr Murray graduated with a Bachelor of Commerce (B Com) in 1987 from the University of Cape Town, and is a member of both the South African Institute of Chartered Accountants and the Institute of Chartered Accountants of Australia and New Zealand, and is a member of the Australian Institute of Company Directors.


Last updated 28th October 2019

Registered Office

45 Ventnor Avenue
West Perth WA 6005

Phone: +61 8 9389 4415
Facsimile: +61 8 9389 4400

Directors

Richard Crookes - Chairman
John De Vries - CEO
Ian Murray - Non-Executive Director
Gabriel Chiappini - Director

Company Secretary

Gabriel Chiappini


Registered Office

45 Ventnor Avenue
West Perth WA 6005       

T: +61 8 9389 4415
F: +61 9 9389 4400


Postal Address

PO Box 692
West Perth WA 6872

E-mail: [email protected]
Website: www.blackrockmining.com.au


Share Registry

Computershare Investor Services Pty Ltd
Level 11, 172 St Georges Terrace
Perth WA 6000
Australia

T (within Australia): 1300 800 505
F: (outside Australia): +61 3 9415 4000
E: perth.ser[email protected]
W: www.computershare.com.au


Investor Enquiries

Computershare Investor Services Pty Ltd
T: 1300 557 010 (from within Australia)
T: +61 8 9323 2000


Bankers

Westpac Banking Corporation
109 St Georges Terrace
Perth WA 6000


Solicitors

Steinepreis Paganin
Level 4, The Read Buildings
16 Milligan Street
Perth, WA 6000

T: (+61 8) 9321 4000
F: (+61 8) 9321 4333


Auditors

Deloitte Touche Tohmatsu
Level 14, Woodside Plaza
240 St Georges Terrace
Perth WA 6000

T: (+61 8) 9365 7000
F: (+61 8) 9365 7001


Stock Exchange

The Company’s securities are quoted on the Australian Securities Exchange.


Stock Exchange Codes

ASX Code : BKT


Issued Capital

Fully paid ordinary shares (GRK)


ABN

59 094 551 336


Black Rock Mining Ltd is a public company limited by shares and is domiciled in Australia.



Last updated 28th October 2019