MBN 0.00% 8.3¢ mirabela nickel limited

Ann: Quarterly Activity Report for the Period Ended 31 March 2015, page-3

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    HIGHLIGHTS
    • Production for the quarter of 3,855 tonnes of nickel in concentrate (Q4 2014: 3,714 tonnes).
    • Sales for the quarter of 5,620 tonnes of nickel in concentrate (Q4 2014: 206 tonnes).
    • C1 Unit cash costs of US$4.88/lb for the quarter (Q4 2014: US$4.82/lb).
    • Average mined nickel grade of 0.42% for the quarter (Q4 2014: 0.47%) and total mining material movement of 6.0 million tonnes (Q4 2014: 6.1 million tonnes).
    • Processing plant throughput for the quarter of 1.6 million tonnes (Q4 2014: 1.6 million tonnes).
    • Average processing plant nickel recovery of 54% (Q4 2014: 50%) and average nickel feed grade of 0.44% (Q4
      2014: 0.45%) for the quarter.
    • Cash on hand and on deposit of US$25.28 million at quarter end (Q4 2014: US$17.56 million).
 
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