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Pantoro meets gold production guidance

GROWING gold miner Pantoro is still aiming to reach a production run-rate of 80,000-100,000 ounces per annum by the end of 2018 at its Nicolsons operation in Western Australia after reporting output of 52,203oz in the recently completed financial year.

Michael Quinn
Increased production on its way from Nicolsons in the Kimberley region of Western Australia.

Increased production on its way from Nicolsons in the Kimberley region of Western Australia.

The latter met guidance of 50,000-55,000oz, and underpinned the just A$15 million in cash and bullion held by the debt-free Pantoro at the end of June. The expectation is for the cash position to "grow...

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