This article is 4 years old. Images might not display.
Production in concentrate came in at 4267t, up 21% on the December quarter, and taking output for the financial year to date to 11,558t.
Revised guidance provided in February for the Forrestania in Western Australia was for 16,000-17,000t for the full year.
The better March quarter came as the miner "re-entered the higher-grade areas of the Flying Fox mine" following earlier seismic issues.
Western Areas produced 20,926t last financial year and started the current financial year forecasting 19,000-21,000t of nickel in concentrate.
Meanwhile, Western Areas raised A$85 million in a placement last month, with the funding to be used to complete the company's new Odysseus development.
New shares issued in the raising were priced at $2.15 each.
Shares in Western Areas were up 4% to $2.22 in early trade, capitalising the company at $611 million.
