CAPITAL MARKETS

Solid year for PanAust

DESPITE some issues at its Phu Kham copper-gold operation in Laos, PanAust has reported steady full-year results and has approved a further $US65 million ($A61.2 million) in capital expenditure to further boost production.

Kristie Batten
Solid year for PanAust

The statutory net profit after tax was $146.6 million, compared with $160.1 million for 2010, while the NPAT attributable to PanAust was $132.1 million, down from $143.4 million. Revenue was $575.7...

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