JOHANNESBURG (miningweekly.com) – ASX-listed Panoramic Resources sent off its final nickel concentrate shipment of 11 095 wet metric tonnes (wmt) to China last week.
The company reported on Tuesday that the Savannah mine, in Western Australia, had produced 1 958 t of nickel in concentrate in April and May, before the project was placed on care and maintenance in May.
Total production for the 2016 financial year was 9 845 t from Savannah, east of Kimberley, and 1 019 t from Lanfranchi, near Kambalda, also in Western Australia. Lanfranchi was placed on care and maintenance in November.
In the meantime, Panoramic continued to study the development of the Savannah North project, with an aim of publishing an updated resource estimate in the September quarter.
Panoramic announced on Monday that it had decided to divest of its Gum Creek gold project, also in Western Australia, by way of an initial public offering.