Panoramic Resources to Meet Full Production Guidance in 2015

Base Metals Investing

Mining Weekly reported that Panoramic Resources Ltd. (ASX:PAN) is optimistic that it will meet its full 2015 production guidance of between 20,000 and 21,000 tonnes of contained nickel in concentrate.

Mining Weekly reported that Panoramic Resources Ltd. (ASX:PAN) is optimistic that it will meet its full 2015 production guidance of between 20,000 and 21,000 tonnes of contained nickel in concentrate.

As quoted in the press release:

The assurance comes despite the fact that Panoramic reported a 7% quarter-on-quarter production decline in the three months to December, producing 4 832 t of nickel in concentrate.

The decrease in production was owing to a four-day planned maintenance shutdown at the Savannah mill during the month of December. During the shutdown, some corrosion issues were identified to the concentrate thickener and the mill was down for a further six days to perform preventative maintenance.

Click here for the full Mining Weekly report.

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