Blackman Mining (00159) announced its annual results, with a net loss of HK$28.783 million, a year-on-year decrease of 16.8%

According to the Zhitong Finance App, Blackman Mining (00159) announced its results for the year ended June 30, 2026, with a net loss of HK$28.783 million, a year-on-year decrease of 16.8%; the basic loss per share was HK$0.31.

During the year, Blackman's joint venture with Polaris completed field technical research for all Marillana projects, and the project continued to show improved results. Ongoing business activities are mainly related to updating environmental approvals and hydrological modelling. The joint venture between Mine Source Mining Co., Ltd. and Hancock Prospecting Pty Ltd continues to advance work related to research and approval of the new port development at Stanley Point 3 in Port Hedland. Outside of the Marillana project, the company continues to advance exploration activities at the Punda Springs project.