Pantoro Gold Ramps Up Production Ambitions in Western Australia
Pantoro Gold (ASX: PNR) has become a leveraged play on both a strong gold price and its own operational turnaround at the historic Norseman Gold Project in Western Australia.
With bullion trading at elevated levels, Pantoro is targeting production of 90,000 to 105,000 ounces at an all-in sustaining cost (AISC) of AUD 2,800 to AUD 3,400 an ounce for FY2027, weighted toward the second half.
The company finished the year debt-free with a cash and bullion position of AUD 223.4 million, up from AUD 175.8 million, aided by a strong gold price.