M&A

Cashflow up but nickel production down at Western Areas

CASHFLOW was up on a stronger nickel price but mine and mill production dropped in Western Area's September quarter as expected lower grades from the "mature" Flying Fox mine came into play.

 Grades were down but wildflowers in the Flying Fox region were blooming in the September quarter

Grades were down but wildflowers in the Flying Fox region were blooming in the September quarter

The reported cashflow of A$31.1 million was 30% stronger quarter on quarter, and came on the back of Western Areas receiving an extra $1.41 per pound for the 8.73 million pounds (3962t) sold in the September...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.