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Panoramic’s Savannah nickel-copper-cobalt project rises again

Mining News - Published on Tue, 19 Feb 2019

Image Source: Proactive Investors
International Mining reported that the first shipment of bulk nickel-copper-cobalt concentrate from Panoramic Resources’ recently recommissioned Savannah project, in the Kimberley region of Western Australia, has departed Wyndham bound for Lianyungang, China. The MV Heemskerkgracht departed with 7,735 t (wet) of concentrate on-board, with a preliminary invoice value of approximately AUD 8.6 million, Panoramic reported.

Panoramic’s Managing Director, Mr Peter Harold, said that “It is wonderful to see Savannah concentrate being shipped again from Wyndham. This is a significant milestone in the recommissioning of the mine and processing plant at Savannah and I would like to thank the team at Savannah for their efforts to get the project going again.”

Panoramic successfully commissioned the $65 million Savannah project in late 2004 and then, in 2005, purchased and restarted the Lanfranchi nickel project, near Kambalda. In its 2014 financial year, the company produced a record 22,256 t of contained nickel and produced 19,301 t contained nickel in the year after.

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Posted By : Rabi Wangkhem on Tue, 19 Feb 2019
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