Panoramic Reports Q1 Production of 4,678 Tonnes Contained Nickel

Base Metals Investing

Panoramic Resources Ltd. (ASX:PAN) announced preliminary statistics for the first quarter of 2015, noting that group production came to 4,678 tonnes of contained nickel (unreconciled).

Panoramic Resources Ltd. (ASX:PAN) announced preliminary statistics for the first quarter of 2015, noting that group production came to 4,678 tonnes of contained nickel (unreconciled). That is 3 percent lower than the amount recorded in the previous quarter.

Other highlights include:

  • Safety — one LTI
  • Group FY2015 Production Guidance — expected to come in at the lower end of previous 20-21,000t guidance
  • Costs — quarterly aggregate Group sites costs flat
  • Group cash and trade receivables — ~$72 million
  • Exploration — significant new discovery of high grade mineralisation at Lower Schmitz
  • Corporate — Company re-admitted to the ASX All Ordinaries Index on 20 March 2015

Click here to read the full Panoramic Resources Ltd. (ASX:PAN) press release.

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