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Western Areas (TSX:WSA,ASX:WSA) reported another period of strong mine production and nickel sales in the September quarter.
Western Areas (TSX:WSA,ASX:WSA) reported another period of strong mine production and nickel sales in the September quarter.
As quoted in the press release,
Excellent drilling results have also been reported from below the Flying Fox and Spotted Quoll Mines, providing encouragement that the Company can achieve its short term goal to extend mine life at both these key deposits to ten years. In addition, exploration at a number of projects in Australia, Canada and Finland has identified a number of exciting targets which are planned to be drilled in the December Q.
Results for the quarter have provided a positive start to the new financial year and despite recent volatility in markets and metal prices, the Company is in a strong position. Western Areas is one of Australia’s lowest cost nickel producers with solid cash flows, a sound balance sheet, and outstanding assets managed by an experienced and dedicated team.
Click here to read the Western Areas (TSX:WSA) press release. Â
