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ASX Announcement
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Barminco Appointed Preferred Underground Mining Contractor


Highlights
  • Barminco awarded preferred underground contractor status
  • Detailed mobilisation plan in conjunction with finalisation of contract terms to enable transition to contract mining by end of March 2020 quarter
  • Expected to deliver significant operational efficiencies and drive volumes to targeted levels
Read the Announcement Here

Updated FY20 Production Guidance

Summary

  • Updated FY20 production guidance driven by expected mining contract equipment and personnel mobilisation timing, and further required mine scheduling changes in Savannah remnant ore.
  • Savannah North remains on schedule for first stoped ore in the current quarter and ramp-up of ore volumes through calendar 2020.
  • Panoramic assessing funding options including options that do not include raising additional equity capital, and potential change of control transaction discussions continue.
Read the Announcement Here
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