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ASX:PNR

6 stories mentioning ASX:PNR

Every FINWIRES story that references ASX:PNR, newest first.

Asia

ASX Biggest Gainers

Here are the ASX-listed companies with the biggest gains on Friday:Minerals 260 (ASX:MI6): +13%, AU$0.85Pantoro Gold (ASX:PNR): +12%, AU$2.57Develop Global (ASX:DVP): +10%, AU$6.90PLS Group (ASX:PLS): +9%, AU$6.46Elevra Lithium (ASX:ELV): +9%, AU$11.65Genesis Minerals (ASX:GMD): +9%, AU$5.24Bellevue Gold (ASX:BGL): +9%, AU$1.33Almonty Industries (ASX:AII): +9%, AU$24.04Imdex (ASX:IMD): +9%, AU$4.01Sandfire Resources (ASX:SFR): +8%, AU$19.88

ASX 200ASX:AIIASX:BGLASX:DVPASX:ELVASX:GMDASX:IMDASX:MI6ASX:PLSASX:PNRASX:SFR
Asia

Australian Gold Producers Flush With Free Cash Flow, Says Euroz Hartleys

Australian gold producers generated record free cash flows in the March quarter despite higher capital spending on growth projects, Euroz Hartleys said in a note on Wednesday.Cash flows were helped by higher prices, with gold averaging roughly at AU$6,998 per ounce, even as production remained largely flat.According to the investment firm, around 21 companies collectively generated free cash flow of about AU$2.7 billion, up from AU$1.53 billion in the December quarter."We believe it is important to keep one eye on the real total costs of production, otherwise you risk buying a producer with more leverage than you bargained for," analysts at the brokerage said.The firm added that concerns related to diesel supply are largely a pricing issue rather than a shortage and are already reflected in valuations.Euroz Hartleys said West African Resources (ASX:WAF) was the cheapest gold stock on a cashflow yield basis, while Greatland Resources (ASX:GGP) was the lowest-cost producer.

ASX:EVNASX:GCPASX:NEMASX:NSTASX:PNRASX:RRLASX:WAF
Asia

Pantoro Gold Discovers High-Grade Mineralization at Western Australia Project

Pantoro Gold (ASX:PNR) said it has discovered broad high-grade mineralization at the Racetrack Target within the Mainfield of its Norseman Gold Project in Western Australia, according to a Monday Australian bourse filing.The results were up to 8 meters at 28.7 grams per tonne gold, including 1 meter at 189.8 grams per tonne gold.Wide-spaced drilling along the Racetrack trend has indicated a high-grade zone over a current strike of 400 meters, extending from near surface to 600 meters depth, the filing added.The high-grade zone remains open to the east and down dip, with multiple additional intercepts returned from associated splays and parallel structures, it added.

ASX:PNR
Asia

Pantoro Gold Reports Lower Gold Production in March Quarter

Pantoro Gold's (ASX:PNR) production for the quarter ended March 31 came in at 17,757 ounces of gold, with 20,016 ounces of gold sold at an average gold price of AU$6,916 per ounce, according to a Tuesday Australian bourse filing.The company produced 18,334 ounces of gold in the March 2025 quarter, an earlier filing showed.The company's all-in sustaining cost rose to AU$3,204 per ounce in the March quarter from AU$2,427 per ounce a year earlier, while earnings before interest, taxes, depreciation, and amortization increased to AU$88.4 million from AU$46.4 million over the same period.The company expects a strong finish to fiscal year 2026 and remains on track to meet its guidance range of 86,000 to 92,000 ounces of gold by year-end.

ASX:PNR
Asia

Pantoro Gold Enters Partnership Agreement for High-Grade Rama Open Pit in Western Australia

Pantoro Gold (ASX:PNR) said it has entered into a partnership agreement with Mega Resources and Bain Global Resources for the high-grade Rama Open Pit in Western Australia, according to a Thursday Australian bourse filing.The agreement includes an exclusive option for Pantoro Gold to mine and develop the high-grade underground mine beneath the open pit through a profit-sharing agreement, the company added.The company said it will advance up to AU$20 million to fund mining of the Rama Open Pit stage two, secured by a first-ranking interest over project tenure, with all loaned amounts earning interest at 5% per year and funds to be used solely to discharge existing debt and develop the second stage of the open pit.Advanced funds will be recouped from revenue generated from gold delivered by Mega at AU$1,000 per ounce, with all funds to be repaid within eight months of commencement, while Pantoro Gold will pay Mega between 70% and 80% of the value of reconciled gold produced, depending on ore grade, the filing added.Mega expects to deliver about 115,000 tonnes at 4.7 grams per tonne (g/t) gold with a minimum delivery obligation of 17,700 ounces, per the filing.Pantoro Gold holds an exclusive 12-month option to provide a work program for a potential underground operation following completion of the Rama Open Pit.

ASX:PNR
Asia

Pantoro Confirms High-Grade Mineralization at Western Australia Mine

Pantoro (ASX:PNR) confirmed high-grade mineralization extending at least 50 meters below the current indicated mineral resource at the Scotia underground mine within the Norseman project in Western Australia following extensional drilling, according to a Wednesday filing with the Australian bourse.Results from Central Scotia include 16 meters at nearly 11 grams per tonne grade of gold, including 1.58 meters at 30 g/t grade of gold, 1.75 meters at almost 42 g/t grade of gold, and 1.31 meters at 18 g/t grade of gold, the filing said.Grade control drilling indicated high-grade intersections in the Scotia North and Taurus orebodies within the current mine plan, per the filing.

ASX:PNR