Western Areas production guidance on track

Company News

Western Areas Limited (ASX:WSA) says production for the March quarter remains in line with full year guidance, with unit costs trending to the low end of guidance.
 
Mine production was over 144 thousand tonnes of ore at an average grade of 4.7 per cent for 6,798 nickel tonnes. 
 
The nickel miner says there were no lost time injuries for the quarter, and the company’s lost time injury rate remains at zero.
 
The nickel price finished the quarter higher at around US$4.00 per pound, but the strengthening Aussie dollar offset this gain. 
 
Western Areas reported a net loss of $20.04 million at 31 December 2015.

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