Pantoro Gold closes September quarter with production lift and A$240 million cash and gold - Proactive financial news

AI desk brief

Pantoro Gold reported a stronger September quarter at Norseman, with gold production rising to 21,864 oz and sales of 22,834 oz at an average A$6,067/oz. EBITDA was A$63.1 million and cash and gold rose to A$240 million, despite A$36.3 million of project and exploration spend; the company remains debt-free and unhedged.

All-in sustaining costs were A$3,860/oz, leaving healthy margin capture at current Aussie-dollar gold prices. Management said FY2027 guidance of 90,000-105,000 oz remains on track, with output expected to be weighted to the second half as additional underground stopes and open-pit sources come online, while high-grade Racetrack drilling and Mainfield development continue.