Panoramic on par

NICKEL miner Panoramic Resources expects to deliver up to 18,500 tonnes of nickel in concentrate from its Western Australian operations in 2011-12 and has come in slightly above guidance in the latest quarter.

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Production of 4440t of nickel in concentrate for the September quarter was 2% above forecast, at group payable cash costs of $A6.32 per pound of nickel but down on the 4645t at cash costs of $6.

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