18
Dec
02:09
Panoramic enters voluntary administration as nickel prices fall
Panoramic Resources has entered into voluntary administration after failing to secure funding for its Savannah nickel project in Western Australia amid declining nickel prices, Kallanish notes.
The Australian nickel firm says in a statement that its recent strategic review was unsuccessful in the time available. The company was unable to satisfactorily progress any sales, recapitalisation or partnering options to a point where they would provide sufficient financi…
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