Western Areas is pleased to report the achievement of another strong quarter on operational measures, including record concentrate sales, set against a weak overall nickel and commodity price environment. Operationally, on internal measures within management control, the company continues to track well, finishing the year by delivering record [...]
The new hole, NMD182 was drilled from the footwall in order to test the modelled plate from the DHEM interpretation from the initial intercept in NMD177, and to test the extent of the intersected high grade sulphide. The intersection in drill hole NMD 182 consists of an 1.7m interval of 5.6% nickel from 1239.1m, down hole depth. As with the [...]
The Board of Western Areas is pleased to announce that unaudited nickel sales and cash at bank for the year ended 30 June 2013 (FY2013) have exceeded the full year guidance update provided on 31 May 2013. Sales for the month of June surpassed expectations resulting in a record year of 27,819t of nickel in concentrate sold for FY2013. The previous [...]
The Board of Western Areas is pleased to announce the execution of a Farm-in and Joint Venture Agreement with Traka Resources. The Agreement provides a staged program for Western Areas to acquire up to a 70% interest in a number of Traka's core tenements within the Musgrave region of Western Australia. The total area included under the proposed [...]
Western Areas, in line with previous practice, is pleased to provide an update on expected production and sales, with an upgrade to both nickel in concentrate production and nickel sales for the financial year ended 30 June 2013 (FY2013). In addition, unit cash cost guidance has reduced to less than A$2.90/lb for the full year. The Company has also [...]
Western Areas is pleased to deliver its 11th consecutive Quarterly Report where operational performance has either met or delivered better than guidance. Despite challenging global equity and commodity markets, combined with a strong Australian dollar, the Company has delivered a solid quarter of cashflow generation and reduced unit cash costs of [...]
The Board of Western Areas refers to the announcement on 14 March 2013, detailing an Exploration Strategy and Activities Update. As announced, the current focus of drilling at New Morning has been to define the extent of the mineralisation intersected in NMD177. The intersection from NMD177 was 3.0m @ 6.3% Ni, which included 2.4m at 7.6% Ni. Down [...]
The Board of Western Areas is pleased to provide shareholders with an update of the exploration strategy and recent activities. The announcement is made with the back-drop of an operation which is performing exceedingly well in all key areas despite a challenging Australian dollar nickel price:
The Board of Western Areas is pleased to announce the execution of a revised loan facility that both extends and enlarges the existing loan facility between ANZ and the Company. The revised facility negotiation was disclosed to the market on 4 December 2012. The facility will have A$125m capacity and will extend to at least March 2016. The [...]
Western Areas is pleased to announce continued profitable operations in the first half of FY2013 despite the challenges of a depressed Australian dollar nickel price. Western Areas has reported NPAT of A$2.1m, with the largest impact on profitability for the half year being the further deterioration in realised nickel price from an average [...]
Western Areas is pleased to advise it will hold an analyst and investor conference call on 22 February 2013 to discuss the Half Year results for the period ended 31 December 2012 at the times listed below. The Half Year results announcement (Appendix 4D) and accompanying presentation will be available prior to market open on 22 February 2013.
Western Areas is pleased to announce that it has executed a non-binding Strategic Alliance Deed with Jinchuan Group. The Alliance was established for the purpose of cooperating in the consideration and possible development of global mining opportunities involving the exploration, development and operation of base metal projects. Establishment of [...]
