Articles On Panoramic Resources (ASX:PAN)

By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For the purpose of broker rating corre...

ShareCafeOvernight: Running Scared World Overnight SPI Overnight (Dec) 5850.00 – 55.00 – 0.93% S&P ASX 200 5923.90 + 139.80 2.42% S&P500 3236.92 – 78.65 – 2.37% Nasdaq Comp 10632.99 – 330.65 – 3.02% DJIA 26763.13 – 525.0...

World Overnight SPI Overnight (Dec) 5850.00 – 55.00 – 0.93% S&P ASX 200 5923.90 + 139.80 2.42% S&P500 3236.92 – 78.65 – 2.37% Nasdaq Comp 10632.99 – 330.65 – 3.02% DJIA 26763.13 – 525.05 – 1.92% S&P500 VIX 28.58 +...

A quick wrap of the ASX’s key winners and losers on Wednesday, September 2. Data is taken after the market closes at 4pm AEST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 849 stocks rose,...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((AMX)) - Aerometrex ((AVG)) - Aust Vintage ((HLO)) - Helloworld ((PAC)) - Pacific Current Group ((PAN)) - Panoramic Resources ((VOL)) - Victory Offices ((WAF)) - West Afr...

Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services prov...

ShareCafeOvernight: No Stopping It World Overnight SPI Overnight (Sep) 5989.00 + 27.00 0.45% S&P ASX 200 6001.30 – 36.30 – 0.60% S&P500 3327.77 + 21.26 0.64% Nasdaq Comp 10998.40 + 57.23 0.52% DJIA 27201.52 + 373.05 1.39...

World Overnight SPI Overnight (Sep) 5989.00 + 27.00 0.45% S&P ASX 200 6001.30 – 36.30 – 0.60% S&P500 3327.77 + 21.26 0.64% Nasdaq Comp 10998.40 + 57.23 0.52% DJIA 27201.52 + 373.05 1.39% S&P500 VIX 22.99 – 0.77 – 3...

Panoramic Resources has turned its struggling Savannah nickel project in Western Australia to one that experienced a boost in mine life. Upon releasing an updated mine plan including the Savannah North prospect, Panoramic reported an increa...

Elon Musk called for greater nickel production last week, sending the price of the metal skyward. Nickel is a key ingredient in batteries used in electric vehicles (EVs). Musk is looking to cut the cost of batteries, which are a major comp...

On Friday, the Western Areas Ltd (ASX: WSA) share price fell 5.2% to $2.53 following the release of its quarterly activities report. What was in the announcement? The company announced that it had total nickel production of 23,391 tonnes f...

The Kimberley region of Western Australia could be rife with platinum resources that are yet to be developed by Panoramic Resources, thanks to a study that it sponsored along with the state government. A study by Curtin University on Panora...

ShareCafeOvernight: Conflicting Drivers World Overnight SPI Overnight (Sep) 5945.00 + 42.00 0.71% S&P ASX 200 5934.40 + 36.50 0.62% S&P500 3115.86 + 15.57 0.50% Nasdaq Comp 10154.63 + 95.86 0.95% DJIA 25734.97 – 77.91 –...

World Overnight SPI Overnight (Sep) 5945.00 + 42.00 0.71% S&P ASX 200 5934.40 + 36.50 0.62% S&P500 3115.86 + 15.57 0.50% Nasdaq Comp 10154.63 + 95.86 0.95% DJIA 25734.97 – 77.91 – 0.30% S&P500 VIX 28.62 – 1.81 – 5....

In June, ASX-listed companies of all sizes continued to raise capital but the small-cap sector was particularly busy. Stocks with market capitalisations of under $100m at the time of the deal raised $274m in the last month. This is triple M...

ShareCafeOvernight: Happy New Year World Overnight SPI Overnight (Sep) 5885.00 – 7.00 – 0.12% S&P ASX 200 5897.90 + 82.90 1.43% S&P500 3100.29 + 47.05 1.54% Nasdaq Comp 10058.77 + 184.61 1.87% DJIA 25812.88 + 217.08 0.85...

World Overnight SPI Overnight (Sep) 5885.00 – 7.00 – 0.12% S&P ASX 200 5897.90 + 82.90 1.43% S&P500 3100.29 + 47.05 1.54% Nasdaq Comp 10058.77 + 184.61 1.87% DJIA 25812.88 + 217.08 0.85% S&P500 VIX 30.43 – 1.35 – 4...

ShareCafePerenti Global Supported By Metals Exploration Perenti Global ((PRN)) (formerly Ausdrill) has provided more clarity surrounding its drilling business in the wake of the pandemic, and removed some uncertainties surrounding FY20 earn...

Concerns over the balance sheet and work in hand at Perenti Global have dissipated, with the company's update supporting a robust outlook. -Management considers the worst behind the business now-Favourable outlook because of gold exposure-S...

Western Areas (WSA) +16.02%: the best performer on the 200 today on some positive drilling results at the South Australian Western Gawler Project. The initial drill results have the project on course for a similar set up as Oz Minerals key...

Mines in the Kimberly region of Western Australia are set to benefit from the the state government’s lift on interstate travel restrictions. Certain parts of Western Australia, including Kimberley, Shire of Ngaanyatjarraku and parts of the...

ShareCafeNew Century Resources Eyes Vale Nickel-Cobalt Mine A major move for small Australian miner, New Century Resources which revealed on Tuesday that it is in talks with Brazilian miner Vale about buying the latter’s underperforming New...

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. Nickel producer, Western...

Western Areas’ (ASX:WSA) has made moves on Panoramic Resources (ASX:PAN), starting with taking a 19.9 per cent stake in the somewhat troubled nickel producer. Panoramic was previously on the radar of much larger rival Independence Group (AS...

The company has made a strategic investment in Panoramic Resources, whilst retaining a robust balance sheet strength to continue the uninterrupted development of the Odysseus project at Cosmos.

ASX-listed Western Areas has sent a reminder that it's not just private equity tyrekickers that can use recapitalisations to nab strategic positions. 

China, Iron Ore, Manganese, Dividends -China’s threat to replace Australian iron ore imports considered hollow -Metallurgical coal prices likely to remain depressed till India picks up pace-Manganese prices expected to shoot up further-Mini...

Embattled nickel miner and processor Panoramic Resources is working around the clock, stitching together a capital raising to repay its creditors and survive through the COVID-19 downturn.

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. New Century has today launched a $51.1 million capital raising that will allow it to ra...

Shareholders in nickel miner and processor Panoramic Resources will be wistfully remembering the days when a $300 million-plus takeover offer was on the table. 

Panoramic Resources has suspended its operations at the Savannah nickel mine in  the East Kimberly region, Western Australia due to the coronavirus’ ongoing impact to operations. The temporary suspension has affected multiple aspects of Sav...

The company recently updated the market outlining that its Savannah Nickel Mine is operating in line with schedule.

The company’s major shareholder Zeta Resources recently confirmed it will provide an unsecured loan of $8 million to support activities at the Savannah Project.

Around $3.4 million of the loan principal will be off-set by the transfer of about 17.2 million Horizon Gold shares agreed to be sold by Panoramic to Zeta.

Panoramic updated the market last week outlining that its Savannah Nickel Mine is operating in-line with schedule.

The majority of the shares will be sold to Zeta Resources, subject to the approval of Panoramic shareholders.

Significant range of measures implemented to minimise risk of potential COVID-19 transmission and efficiently manage recent interstate and Kimberley region travel restrictions.

Panoramic's focus is on first stoped ore from the Savannah North deposit which is on schedule for mid-March, with a progressive ramp up of stoped ore volumes expected throughout the rest of the year.

Panoramic Resources has handed underground operational management of the Savannah nickel mine in Western Australia to Barminco. The contractor expects additional underground fleet to arrive on site over coming weeks to improve equipment rel...

The company also noted that first stoped ore from the Savannah North deposit is on schedule for March 2020.

ShareCafeIGO Dependent On Exploration Success IGO Ltd ((IGO)), formerly Independence Group, is supported by a low-cost position, gold & nickel exposure and exploration potential, although brokers disagree about the extent this is priced...

The medium-term production outlook for nickel and gold producer IGO Ltd remains heavily dependent on exploration success. -Weaker second half likely, stemming from lower production at Tropicana -Mixed views on dividend outcome -A return to...

As the coronavirus continues to spread across global markets, the ASX ended a rollercoaster week with some marginal gains. After yesterday’s decline, today’s turnaround came from a last-minute reversal on Wall Street. The Dow Jones spen...

Panoramic Resources has selected Barminco as its preferred contractor for the Savannah project in the Kimberley region, Western Australia. The contract, which is worth around $200 million will see Barminco complete mine development, product...

The S&P/ASX 200 index has given back its morning gains and is trading notably lower in afternoon trade. At the time of writing the index is down 0.45% to 6,999.5 points. Four shares that are falling more than most today are listed belo...

The Aussie market wavers around yesterdays closing mark, following marginal shifts in US indices overnight. By mid-session, the benchmark ASX 200 was just ten points below yesterday’s close of 7,031 points. The US industrial index, the...

Panoramic has also revised production guidance to reflect a longer forecast mobilisation and personnel sourcing period and a more conservative ramp-up.

Edwards is the person appointed under Listing Rule 12.6 to be responsible for communications with ASX in relation to Listing Rule matters.

IGO has changed its name from Independence Group to IGO Limited, marking a change in its company type and constitution. Further to the new identity, IGO has also shifted from a no liability company to one that is limited by shares. Under th...

The off-market takeover bid has lapsed and Independence is no longer a substantial holder.