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The Markets
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Mining

Pantoro director snaps up shares on-market

Pantoro delivered record gold production during the December quarter.

Pantoro's (ASX:PNR) non-executive director, Kyle Edwards, has lifted his stake in the company through an on-market purchase.

Edwards purchased 50,000 shares for a consideration of $11,500.

Pantoro delivered record production of 9,598 gold ounces during the December 2016 quarter, a 30% increases on quarter on quarter.

All-in-sustaining-costs (AISC) for the quarter was A$1179 an ounce, and with increased production in the month of December, C1 reduced to A$759 an ounce and AISC to A$988 an ounce.

Gold is produced from the Halls Creek Gold Project in the Kimberly Region of Western Australia.

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