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Western Areas (TSX:WSA,ASX:WSA) announced a Net Profit After Tax of $24.1m for the six months to 31 December 2011.
Western Areas (TSX:WSA,ASX:WSA) announced a Net Profit After Tax of $24.1m for the six months to 31 December 2011.
As quoted in the press release:
Highlights for first half FY2012 include:
- Excellent cost and operational management resulting in unit cash costs of A$2.17/lb (nickel in concentrate), compared to A$2.27lb for the previous six months;
- Record mine production in the December quarter resulting in 16,230t of nickel mined for the six month period;
- Revenue from nickel sales was A$149.1m, on Earnings before interest and tax (EBIT) of A$52.8m
Click here to read the Western Areas (TSX:WSA) press release.
