PanAust in the black

NEW Laos mine Phu Kham earned $US33.2 million ($A46 million) for copper and gold play PanAust in the March quarter, bringing the producer’s net profit after tax to $13.5 million.

PanAust in the black PanAust in the black PanAust in the black PanAust in the black PanAust in the black

Diversified miner PanAust said it achieved an average cash cost of US70c per pound of copper during the quarter, well below the 90c target for copper, gold and silver production at the site.