Ta Khoa Management Team and the Underground Mining Contractor outside the Ban Phuc Portal. Source: Blackstone
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Blackstone Minerals (BSX) recommences activities at its Ta Khoa Nickel Project in northern Vietnam
  • Using both Australian and Vietnamese mining professionals and operators, Blackstone will undertake a number of mining activities
  • These activities include 1000 metres of development through the Ban Phuc disseminated orebody generating nickel ore representative of the life of mine plant feed
  • Ore produced from the mining program will be processed through the existing 450,000 tonnes per annum Ban Phuc concentrator
  • On the market, Blackstone is down 2.68 per cent and trading at 54.5 cents per share

Blackstone Minerals (BSX) has recommenced activities at its 90 per cent owned Ta Khoa Nickel Project in northern Vietnam.

Using both Australian and Vietnamese mining professionals and operators, Blackstone will undertake a number of mining activities.

These activities include 1000 metres of development through the Ban Phuc disseminated orebody, generating nickel ore representative of the life of mine plant feed.

Ore produced from the mining program will be processed through the existing 450,000 tonnes per annum Ban Phuc concentrator.

Over the past six months, Blackstone has refurbished the Ban Phuc concentrator, which was recommissioned last month. Ore is planned for the mill and flotation circuit in January 2022.

The phase one pilot program is being completed by ALS in Perth. The pilot campaign will treat some of Ban Phuc’s disseminated sulphide concentrate.

Managing Director Scott Williamson is an important milestone for the company.

“The mining program will provide significant quantities of disseminated ore which will be processed at the existing Ban Phuc Nickel Concentrator and subsequent pilot plants,” he said.

“The opportunity to treat this quantity of ore derisks both the upstream and downstream business unit development strategies.

“Blackstone is committed to sustainable mining and looks forward to producing meaningful quantities of NCM Precursor from piloting in Vietnam, in parallel with our engagement and collaboration with potential partners and customers for our vertically integrated development strategy.”

On the market, Blackstone was down 2.68 per cent and is trading at 54.5 cents per share at 11:06 am AEDT.

BSX by the numbers
More From The Market Online

Listen: HotCopper Wire CY26 Preview – Looking ahead at lithium, gold, Simandou, BTC, and plenty more

In the second half of the HotCopper Wire‘s CY25 end-of-year special, Isaac McIntyre and Jonathon Davidson look ahead over the year coming up,
Wooden spoon awards concept

Tetratherix, Sea Forest, Greatland doing well – but which 2025 IPOs flopped?

There were plenty of IPOs on the ASX through 2025, if you compare it to a deader-than-doornails 2024, and in retrospect, a lot
Market Close Graphic

ASX Market Close: Languid December day sees Aussie market barely move | Dec 18

A late-ish rebound carried the Australian market into fairly positive territory this Thursday afternoon, with the wider bourse ending up +0.04% today.

Listen: HotCopper Wire CY25 Wrapped – Looking back at Invictus, Kaili, DRO, and more

In the first half of the HotCopper Wire‘s CY25 end-of-year special, Isaac McIntyre and Jonathon Davidson look back over the year that was