Pantoro jumps most in 2 years on upbeat gold production from W.Australia project

Pantoro Gold

03/11/2023 01:22

** Shares of Pantoro Ltd  PNR.AX  rise as much as 25% to
A$0.040, their biggest intraday gain since Nov. 15, 2021
    ** Gold producer says estimated gold production from its
Norseman gold project in Western Australian increased 16% m-o-m
in October
    ** Says production from OK underground mine at the project
continues to exceed expectations
    ** Says about 20,000 tonnes of high grade ore hauled from
the mine during the month  
    ** About 24.4 mln shares change hand compared to 30-day
average trading volume of 20. 2 mln shares 
    ** PNR down 66.7% YTD as of last close 
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))