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Pantoro Gold Limited (ASX:PNR)

ALERT: Price-sensitive ASX Announcement for PNR
Current share price for PNR : $2.210 -1.6 (-41.99%)+
Release
28 Apr 2026 8:19AM
Price at Release
$3.810
Full Release
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Summary
Pantoro Gold Limited's quarterly report for the period ending 31 March 2026 highlights its operations and financial activities related to the Norseman Gold Project. The company produced 17,757 ounces of gold during the quarter, with sales of 20,016 ounces at an average price of $6,916 per ounce. The all-in sustaining cost was $3,204 per ounce, generating an EBITDA of $88.4 million. The Scotia Underground Mine was affected by cyclone-related flooding but still managed significant development and ore extraction. Pantoro's growth strategy includes expanding its underground mining operations and exploring new areas such as the O'Brien’s and Crown South Reefs. The company is also conducting extensive drilling programs to expand resources and potentially develop new mines in the Mainfield. Financially, the company conducted a share buy-back program, maintaining a strong cash and gold position of $250.3 million. The report also outlines Pantoro's forward outlook, expecting a strong finish to FY2026 with continued production from various mining projects.
Key Points
  • Produced 17,757 ounces of gold during the quarter.
  • Sold 20,016 ounces of gold at an average price of $6,916 per ounce.
  • All-in Sustaining Cost was $3,204 per ounce.
  • Generated EBITDA of $88.4 million.
  • Scotia Underground Mine affected by cyclone flooding.
  • Growth strategy includes expanding underground mining operations.
  • Exploration at O'Brien’s and Crown South Reefs planned.
  • Share buy-back program conducted, maintaining $250.3 million in cash and gold.
  • Forecasts a strong finish to FY2026 with continued production.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.