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Pantoro Gold Limited (ASX:PNR)

ALERT: Price-sensitive ASX Announcement for PNR
Current share price for PNR : $2.140 0.005 (0.23%)+
Announcement
Release
9 Jul 2026 11:21AM
Price at Release
$2.135
Full Release
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Summary
In the financial year 2026, Pantoro Gold Limited faced challenges with underground production at its Norseman Gold Project due to labor shortages and contractor performance issues, which impacted the expected output. Despite these issues, Pantoro made significant investments in infrastructure and new ore sources, maintaining a strong financial position with increased cash reserves and no debt. For FY2027, Pantoro has set a production guidance of 90,000 to 105,000 ounces of gold, with an All-In Sustaining Cost (AISC) ranging from $2,800 to $3,400 per ounce. The company is focusing on stabilizing operations in the first half of FY2027, followed by stronger growth in the second half as new ore sources are integrated. Pantoro is also committing substantial capital to exploration and project growth to support future production increases.
Key Points
  • FY2026 gold production was 77,408 ounces, falling short of expectations.
  • FY2027 production guidance set at 90,000 to 105,000 ounces.
  • AISC for FY2027 projected between $2,800 and $3,400 per ounce.
  • Substantial investments in new underground mines and infrastructure.
  • Operational stabilisation expected in H1 FY2027, with growth in H2.
  • Significant exploration and project capital expenditure planned.
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.