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Savannah production recovers in Sept quarter

Image shows molten nickel

Photo by Bloomberg

6th October 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Nickel miner Panoramic Resources has seen nickel concentrate production from its Savannah nickel project, in Western Australia, improve by 56% in the three months to September.

This followed on from the failure of the filter press head unit in the June quarter, which resulted in the process plant being offline for 14 days. The filter press was successfully repaired and recommissioned following the fabrication and installation of a new filter press head in the second week of July.

Panoramic on Friday reported that concentrate production reached 23 411 t during the September quarter, with contained nickel production up 56% on the June quarter, to 1 684 t, contained copper production up 42% to 932 t, and contained cobalt production up 76% to 135 t.

“The operations team achieved an outstanding result following the near one-month disruption caused by the filter press head plate failure,” said MD and CEO Victor Rajasooriar.

“Pleasingly, our safety performance continued to improve as we increased ore production and milling rates, delivering our best operational quarter since the restart in 2021, albeit against a declining commodity price, partly offset by favourable FX movement. We look forward to the team building on this performance with another safe and productive upcoming quarter.”

Edited by Creamer Media Reporter

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