West Australian miner Panoramic Resources has outlined average production of 9,402tpa nickel, 5,046tpa copper and 714tpa cobalt metal in concentrate for 12-plus years in an updated mine plan for its revived 100%-owned Savannah mine in the East Kimberley region.
All-in costs for FY24-35 are forecast at $A8.57/lb payable nickel.
MD-CEO Victor Rajasooriar says the updated plan, based on update resources/reserves and its costs and ramp-up profile, confirms Savannah’s significant value as it ramps up ore production to about 960,000tpa nameplate capacity from FY24.