PanAust Reported Sales Increase From Phu Kham Copper-Gold Operation in Laos
Thursday, 30 December 2010 13:31
PanAust Limited has completed the sale of its fourth shipment of concentrate during December from the Company's Phu Kham Copper-Gold Operation in Laos.Â
At design production levels, there are usually two or three shipments per month. Securing the extra shipment has resulted in sales matching strong production levels in the December quarter and additional revenue of approximately US$24 million.Â
The Company's 2010 EBITDA is now likely to be between US$280 million and US$290 million.Â