Western Areas reports lower cash costs
PERTH (miningweekly.com) – Nickel miner Western Areas’ focus on cost reduction has paid off, with the miner reporting on Tuesday that unit cash costs for the six months ended December were well below its full-year guidance.
In the December quarter, unit cash costs of production reached A$2.54/lb, bringing half-year cash costs to A$2.41/lb, which was well below the guidance of between A$2.80/lb and A$2.90/lb.
Western Areas produced 7 407 t of nickel in the December quarter, compared with 8 290 t in the previous quarter.
Production at the Flying Fox mine, in Western Australia, was down to 3 791 t during the quarter, compared with the 4 200 t produced in the previous quarter, but in line with the forecast, Western Areas said.
At the Spotted Quoll mine, also in Western Australia, Western Areas produced 3 616 t of nickel during the quarter, compared with the 4 090 t produced in the three months ended September.
The Cosmic Boy nickel concentrator produced 6 427 t of nickel in the December quarter, processing 148 901 t of ore at an average grade of 4.9% nickel, which produced 43 012 t of concentrate grading 14.9%.
During the quarter under review, Western Areas sold 6 409 t of nickel.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation

















