Panoramic maintains optimistic outlook
PERTH (miningweekly.com) – Nickel producer Panoramic Resources has told shareholders that it was on track to meet its full 2015 production guidance of between 20 000 t and 21 000 t of contained nickel in concentrate.
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.
Meanwhile, mining was started at the Copernicus openpit operation in late November, and some 6 000 t of ore was blended and processed with the Savannah ore in the month of December.
Production at the Lanfranchi operation remained stable.
Panoramic was expected to release its full quarterly report later this month.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation