CAPITAL MARKETS

Panoramic hurt by nickel weakness

PANORAMIC Resources expects to book a net loss of $A37 million for the 2013 financial year, flagging a non-cash impairment of $10m against the carrying value of its Lanfranchi nickel operation.

Lauren Barrett
Panoramic hurt by nickel weakness

The Western Australia nickel producer has joined the rank of companies flagging impairment charges due to the impact of lower commodity prices. In a FY13 financial guidance statement, Panoramic said...

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