18
Dec
02:07
Panoramic enters voluntary administration as nickel prices fall
Australian nickel firm Panoramic Resources has entered into voluntary administration as the firm has failed to secure funding for its Savannah nickel project in Western Australia amid falling nickel prices, Kallanish notes.
Panoramic says in a statement that its recent strategic review was unsuccessful in the time available and the company was, therefore, unable to satisfactorily progress any sales, recapitalisation or partnering options to a point where they woul…
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