Western Areas has a consistent track record of meeting or exceeding production targets, whilst remaining Australia's lowest cost nickel producer.

Recent Mine and Mill Production and Cash Costs Figures are below:

 

FY18

Jun Qtr

FY19 

Sep Qtr

FY19

Dec Qtr

FY19

Mar Qtr

YTD Total

Tonnes Mined          
 Flying Fox          
 Ore Tonnes Mined 67,236 58,699 59,309 56,386 174,394
 Grade  3.9% 4.0% 4.3% 4.5% 4.3%
 Ni Tonnes Mined 2,625 2,330 2,574 2,550 7,454
 Spotted Quoll - Underground          
 Ore Tonnes Mined 93,478 82,868 80,219 85,209 248,296
 Grade  4.0% 4.3% 4.1% 4.1% 4.2%
 Ni Tonnes Mined 3,756 3,538 3,277 3,516 10,331
 Total - Ore Tonnes Mined  160,714 141,567 139,528 141,595 422,690
 Grade  4.0% 4.1% 4.2% 4.3% 4.2%
 Total Ni Tonnes Mined  6,381 5,868 5,851 6,066 17,785
           
 Tonnes Milled and Sold           
 Total Ore Milled 152,425 156,706 154,417 146,935 458,158
 Grade  4.0% 3.9% 4.0% 4.2% 4.0%
 Ave. Recovery  89% 89% 88% 88% 89%
 Ni Tonnes in Concentrate Producted (i)     5,368 5,379 5,415 5,448 16,242
 Total Nickel in Concentrate Sold  5,176 5,018 5,386 5,189 15,593
           
 Stockpiles           
 Ore   135,793 118,548 101,455 96,114  
 Grade  3.2% 3.5% 3.7% 3.8%  
 Concentrate     2,972 4,462 4,093 5,481  
 Grade  15.1% 15.4% 15.6% 15.1%  
 Contained Ni in Stockpiles      4,755   4,820 4,413 4,510  
           
 Financial Statistics           
 Group Production Cost/lb          
 Mining Cost (*)     2.03    2.24 2.38 2.11 2.24
 Haulage       0.07    0.07 0.07 0.06 0.07
 Milling         0.52 0.49 0.51 0.48 0.49
 Admin        0.21 0.22 0.22 0.20 0.21
 By Product Credits     (0.03) (0.03) (0.03) (0.03) (0.03)
 Cash Cost Ni in Con (***)         2.80      2.99 3.15 2.82 2.98
 Cash Cost Ni in Con/lb (***)           2.12   2.19 2.26 2.01 2.15
 Exchange Rate US$ / A$        0.76

       0.73

0.72 0.71 0.72

(i) Includes MREP Nickel tonnes produced.

(*)   Mining Costs are net of deferred waste costs and inventory stockpile movements. 
(**)  US$ FX for Relevant Quarter is RBA average daily rate (Mar Qtr = A$1:US$0.71).
(***) Payable terms are not disclosed due to confidentiality conditions of the offtake agreements.  Cash costs exclude royalties and concentrate logistics costs.
Note: Grade and recovery estimates are subject to change until the final assay data are received.