Panoramic Achieves Record Nickel Production in March Quarter

Panoramic Resources Ltd. (ASX:PAN) yesterday provided its preliminary statistics for the March quarter of 2014, commenting that it produced a record 5,673 tonnes of contained nickel during the period.

Other highlights include:

  • Safety — Five LTIs during the quarter
  • Group FY2014 Production — increased guidance of 21,500-22,000t nickel in concentrate/ore
  • Costs — aggregate Group site costs continue to trend down
  • Group cash and receivables — ~$67 million, up 26%, cash balance building quickly

Click here to read the full Panoramic Resources Ltd. (ASX:PAN) press release.