Panoramic Resources has boosted the mine life of the Savannah nickel project in Western Australia as the company works to put the site’s struggles behind it.
The Kimberley region of Western Australia could be rife with platinum resources that are yet to be developed by Panoramic Resources, according to a study that is supported by the state government.
Mines in the Kimberly region of Western Australia are set to benefit from the the state government’s lift on interstate travel restrictions.
Panoramic Resources has found a saviour in Western Areas as part of plans to raise up to $90 million to undertake development activities prior to re-starting the Savannah mine in Western Australia and to repay debt.
IGO is set to own up to 18.4 per cent of New Century Resources through a $27 million investment in the operator of the Century zinc mine in Queensland.
Stay on top of the most popular stories on Australian Mining over the past week, including Panoramic suspending operations at the Savannah nickel mine in Western Australia due to the coronavirus’ impact on operations.
Panoramic Resources has suspended the Savannah nickel mine in the East Kimberly region of Western Australia due to the coronavirus’ ongoing impact to operations.
Panoramic Resources has handed underground operational management of the Savannah nickel mine in Western Australia to Barminco.
Global mining services company Perenti has secured new contracts worth over $350 million through its subsidiary, Barminco, as well as via its surface mining division.
Panoramic Resources has selected Barminco as its preferred contractor for the Savannah project in the Kimberley region, Western Australia.
Independence Group (IGO) has extended its takeover offer for Panoramic Resources to January 17 2020 in light of contract breaches related to the bid.
Panoramic Resources plans to transition to a predominant contract mining model at its Savannah project in Western Australia.
Panoramic Resources has opened its doors to Independence Group (IGO) and other parties that might be interested in making offers to acquire the company.
Panoramic Resources has conceded that its production guidance at the Savannah project in Western Australia will not be met in the 2020 financial year.
Panoramic Resources has responded to Independence Group’s ‘highly conditional’ takeover offer for the company, saying that it has breached certain conditions and would likely do so again.
Independence Group (IGO) plans to strengthen its nickel portfolio after making an off-market takeover bid for Panoramic Resources.
Panoramic Resources has failed to reach its forecast ore output at the Savannah nickel-copper-cobalt project in Western Australia over the past two months following a much-improved June quarter.
Panoramic Resources’ Savannah nickel project has reported an improvement in mining activities during March – a turnaround result after a poor February performance.
Panoramic Resources is set to improve operations at the Savannah nickel-copper-cobalt project in Western Australia after failing to meet production target this year.
Panoramic Resources has shipped first concentrate from the company’s recommissioned Savannah project in the Kimberley region of Western Australia.