Panoramic Resources commences underground mining at Savannah

1158

Western Australian company Panoramic Resources has announced the start of underground development and ore production at the Savannah Nickel Project in Western Australia.

Mining activities are being carried out by leading underground mining contractor Barminco under a four-year contract worth approximately $280 million.

Panoramic Managing Director and CEO Victor Rajasooriar said ore processing is scheduled to begin in November 2021 with first concentrate shipment from Savannah targeted for the following month.

“The building of an ore stockpile on the surface has commenced and we look forward to achieving our targeted 100,000 tonnes on the surface prior to turning on the processing plant,” Mr Rajasooriar added.

Adertisement

“The project is now building strong momentum towards concentrate production at a time where favourable commodity market dynamics for nickel and copper are being experienced.”

Image credit: https://panoramicresources.com/