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    Panoramic’s Nickel Production Declines Two Percent

    Investing News Network
    Oct. 22, 2012 12:00PM PST
    Base Metals Investing

    Mining Weekly reported Panoramic Resources (ASX:PAN) has reported a 2% decline in nickel production for the quarter ended September at its Lanfranchi project.

    Mining Weekly reported Panoramic Resources (ASX:PAN) has reported a 2% decline in nickel production for the quarter ended September at its Lanfranchi project.

    As quoted in the market news:

    The miner said on Monday that it had produced 4 869 t of nickel for the quarter under review, which, while down on the previous quarter, was in line with the internal production budget.

    The Lanfranchi project produced 2 926 t of contained nickel, with tons of ore mined marginally lower than the previous quarter, while the average mined nickel grade was also lower.

    Click here to read the full Mining Weekly report.

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