Asa8 Aug 2016 16:18
Looking forward to the Nickel results from the last quarterlies
Nickel - Trojan Mine (Zimbabwe)
· 44% growth in nickel sales to 2,274t
· Average net realised nickel in concentrate sale price for the quarter of US$5,520/t
· 42% increase in production of nickel in concentrate to 2,246t
· All-in sustaining C3 costs of nickel in concentrate for the quarter of US$4,586/t and C1 cash cost for the quarter of US$4,226/t
· A reduction of 28% and 14% in all-in sustaining C3 costs and C1 cash costs respectively compared to Q3
· All-in sustaining C3 costs below average net realised sale price
· 29% increase in average head grade to 2.304% from 1.78% (Q3)
· 4% increase in nickel recovery rate to 90.8% from 87.3% (Q3)