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Panoramic sinks to heavy loss

LOW nickel prices and impairments have led Panoramic Resources to a $A138.7 million half-year loss.

Kristie Batten

The company recognised $89.3 million in impairments on its Savannah and Lanfranchi nickel mines, and Gidgee gold project, Revenue halved to $50.4 million as a result of weak nickel prices and the suspension...

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