PERTH (miningweekly.com) – Gold miner Pantoro has reported a 30% increase in production during the three months to December, as the company ramped up production in Western Australia.
Some 9 599 oz of gold was produced during the December quarter, up from the 7 375 oz produced in the previous quarter, with Pantoro on Monday reporting record monthly production of 4 627 oz in December.
“The quality of ore processed during December is approaching our targeted throughput rate of 200 000 t/y, and the sustained improvement during the last six months is a credit to the site team,” said Pantoro MD Paul Cmrlec.
“Importantly, the gold recovery at these increased throughput rates has remained above 96%. The increasing availability of openpit ore combined with ongoing production from Nicholsons should see further production increases in the upcoming quarters,” he added.
Mill throughput in December was up to 15 487 t, compared with the average monthly throughput of 10 785 t in the period between July and November, with Cmrlec noting that all three openpits had been developed and were consistently producing ore.
Pantoro is targeting a production rate of 50 000 oz/y from its Western Australian operations.
Edited by: Creamer Media Reporter
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