PRECIOUS METALS

Pantoro keeps on keeping on at Nicolsons

HAVING started on the smell of an oily rag in a bad market a few years back, high grade gold miner Pantoro is now looking to boost its cash position to about A$40-50 million before addressing the often posed question of dividends.

Pantoro keeps on keeping on at Nicolsons

The debt-free Pantoro currently has about $15 million cash and is expecting to hit a run rate at the Nicolsons operation of about 80,000 ounces per annum at all-in sustaining costs of $1000 per once by...

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