News Articles

Deals 04 Nov 2019

IGO launches $312m Panoramic takeover

Independence Group is planning to take advantage of nickel miner Panoramic Resources' operational issues and boardroom changes by launching a hostile scrip takeover bid.

Appointments 23 Oct 2019

Board Moves October 23, 2019

Our daily board moves wrap includes Timothy Cotton, Louis Calvarin, Kevin Dundo, Winnie Lai Hadad, Victor Rajasooriar, Govert van Ek, Peter McMorrow, and Matthew Blake.

Mining 23 Oct 2019

Panoramic appoints new MD

Nickel miner Panoramic Resources has announced Victor Rajasooriar will commence as its new managing director and chief executive on November 11.

Appointments 08 Oct 2019

Board Moves October 8, 2019

XiaoHua Liu has resigned as non-executive director of Northern Minerals.

Appointments 04 Oct 2019

Board Moves October 4, 2019

Our daily board moves wrap includes Garry Perotti, Simon Adams, Reina Nicholls, Michael Rennie, Brian Phillips, Rob Tyson, Alan Bye, and Phillip Lockyer.

Mining 03 Sep 2019

Panoramic loan slashed by $20m amid Savannah woes

Nickel miner Panoramic Resources will have to tap the market for $20 million in equity after its debt was halved by Macquarie Bank, while today also disclosing deferred payment for the sale of its Canadian project.

Appointments 20 Aug 2019

Board Moves August 20, 2019

Aida Tabakovic has replaced David Peterson as company secretary of Greenpower Energy.

Mining 20 Aug 2019

Panoramic MD to retire in 2020

Nickel producer Panoramic Resources has announced the forthcoming retirement of its managing director Peter Harold after more than 18 years of service.

Deals 02 Jul 2019

Panoramic sells Canadian asset for $10m

Nickel miner Panoramic Resources has entered into a binding agreement to sell its Thunder Bay North platinum group metals project in Canada for $C9 million ($9.8 million).

Appointments 01 Jul 2019

Board Moves July 1, 2019

Our daily board moves wrap includes Neil Biddle, Vyril Vella, John Rowe, Robert Kirtlan, Ken Poon, Kobe Li, Michael Carli, Adam Clode, Michael Di Tommaso, Terry Gardiner, Jamie Myers, Jordan Carlin, David Palumbo, Nathan Lude, Andrew Willis, Jack Fazio, and Alwyn Vorster.

Deals 11 Mar 2019

Miners to raise up to $26.4m

Panoramic Resources has announced its intention to raise $22.4 million via two share placements and an entitlement offer, while juniors Black Rock Mining and Kibaran Resources are also involved in capital raisings.

Deals 06 Mar 2019

Macquarie demands Panoramic raise $19m

Panoramic Resources will undertake a $19 million capital raising in return for favourable loan repayments to project financier Macquarie Bank, after production issues plagued its Savannah nickel-copper-cobalt project.

Special Reports 21 Jan 2019

Lithium, gold and base metals driving deals

SPECIAL REPORT: Global players are converging on WA as resources assets become increasingly attractive in the international arena.

Mining 19 Nov 2018

Iron ore leads WA mining surge

ANNIVERSARY SPECIAL: WA's mining industry has undergone a dramatic transformation over the past quarter of a century, with iron ore replacing gold as the state's most valuable commodity.

Mining 08 Nov 2018

Capricorn flags board changes

Gold-aspirant Capricorn Metals has announced a board restructure, which includes the retirement of managing director Heath Hellewell and founding director Peter Langworthy.

Mining 30 Oct 2018

Pacific wins Panoramic power contract

Pacific Energy has won a power supply contract with Panoramic Resources for the restart of the nickel producer's mothballed Savannah project in the east Kimberley.

Mining 22 Oct 2018

Western Areas approves $299m Odysseus

Nickel producer Western Areas has given the green light to develop its Odysseus project following completion of a definitive feasibility study, which detailed a capital cost of $299 million.

Mining 13 Sep 2018

Texas miner continues local nickel pursuit

Panoramic Resources has agreed to sell the Lanfranchi nickel project for $15 million to Texas-based Black Mountain Metals, showing the American business is still on the hunt for nickel opportunities in Western Australia.

Mining 23 Jul 2018

Western Areas kicks off Odysseus

Nickel miner Western Areas has begun early works at its Odysseus project, signing on local contractor MACA, while also announcing it had reached its production guidance for the year to June.

Mining 16 Jul 2018

Panoramic to reopen nickel project

Panoramic Resources has announced it will reopen its mothballed Savannah nickel project in the east Kimberley, after securing a $40 million loan facility with Macquarie Bank.

Mining 08 May 2018

Maca wins WA work

Local contractor MACA has secured nearly $40 million of work, including contracts for Panoramic Resources and Sandfire Resources in Western Australia worth up to $12 million.

Mining 04 May 2018

Board moves: AHG, Parkd, Panoramic

Local tech company Parkd has appointed Robert Freedman to its board, while former KPMG partner Andrea Hall has joined Automotive Holdings Group as a non-executive director and Panoramic Resources has announced the appointment of Nick Cernotta to its board.

Mining 06 Apr 2018

CEO lunch with Peter Harold

After some early travel for work and moves within the resources sector, consistency has been a hallmark of Peter Harold's career.

Deals 05 Mar 2018

Corporate finance deals Feb 26 to Mar 2 2018

S2 Resources advises that completion has occurred under the Heads of Agreement that was announced on 14th February 2018.

Deals 24 Jan 2018

Perth miners raise $33m

Four Perth-based miners have tapped investors for more than $30 million, with Panoramic Resources raising $20.9 million for its Savannah nickel project in the Kimberley.

Deals 03 Jan 2017

Gull NZ, Golden Grove deals cap off 2016

The last 10 days of 2016 were a busy period for WA corporate deals, with the Rae family attracting a bumper price for its Gull New Zealand business, Chinese group MMG selling the Golden Grove mine, Diploma Group going into receivership and seven new listings on the ASX.