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Panoramic on track to deliver production guidance

Panoramic on track to deliver production guidance

Photo by Bloomberg

13th January 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – Nickel miner Panoramic Resources on Monday reported that it was on track to deliver on its upgraded production guidance for the 2014 financial year.

In November last year, Panoramic increased its expected 2014 output from between 20 000 t and 21 000 t, to between 21 000 t to 21 500 t.

The company said that the revised guidance had been maintained, after 5 335 t of nickel in concentrate was produced during the three months to December. This was compared with the 5 404 t of nickel produced in the three months to September.

The company was expected to deliver its full quarterly production report later this month.

Panoramic currently produces nickel from the Savannah and Lanfranchi underground mines in Western Australia.

Edited by Creamer Media Reporter

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