PANRF News and Press, Panoramic Res Ltd Ord From 11/26/19

Welcome to the November 2019 cobalt miner news. The past month saw cobalt prices move sideways, and plenty of news from the cobalt miners. The biggest news/shock for the month was the massive Katanga Mining C$7.6b discounted rights offering to pay back debt owed to Glencore. Clearly this has a...

Nickel company Panoramic Resources (ASX: PAN ,OTC Pink:PANRF) has told shareholders to “take no action” regarding Independence Group’s (IGO) (ASX: IGO ) unsolicited takeover offer, pointing out that there have already been breaches in the contract proposed by IGO....

Independence Group makes a A$312M (US$215.6M) takeover offer for fellow Australian nickel miner Panoramic Resources ( OTCPK:PANRF ), hoping to strengthen its position in metals used in electric vehicles and renewable energy. More news on: Panoramic Resources Limited, Commodities news, Me...

Welcome to the nickel miners news for October. The past month saw nickel prices slightly lower. LME inventories fell dramatically to very low levels (below 80kt), and are at a nine-year low. This is approaching the previous nickel low inventory levels that resulted in significant nickel pric...

Welcome to the October 2019 cobalt miner news. The past month saw cobalt prices slightly lower after recent rises; however, LME inventory fell significantly. The biggest news for the month was the multi-year LG Chem (LGCLF) deal to acquire cathode material from Umicore. LG is said to be supply...

Welcome to the nickel miners news for September. The past month saw nickel prices rise sharply yet again and LME inventories rise slightly but remain near a ~7-year low. Large supply cuts ahead from Indonesia (2020 ore export ban) and the Philippines have jolted the market higher, with concern...

Welcome to the September 2019 cobalt miner news. The past month saw cobalt prices recover strongly, and a quieter month for news flow. Cobalt price news As of September 18, the cobalt spot price was US$16.56/lb , up significantly from US14.29/lb last month. The LME cobalt price is US$...

Panoramic Resources (ASX: PAN ,OTC Pink:PANRF) has reduced its production guidance for the 2020 financial year (FY2020) after its Savannah asset  underperformed in July and August. Located in Western Australia’s East Kimberley region, Savannah saw significant improvement over th...

Panoramic Resources ( OTCPK:PANRF -2.8% ) revised its FY20 production targets, as Savannah operation, in Western Australia, averaged 46,000 tonnes/month of ore production during both July and August, which was below the budget of ~60,000 tonnes. More news on: Panoramic Resources Limite...

Welcome to the nickel miners news for August. The past month saw nickel prices rise sharply again and LME inventories remain near a ~7 year low. Most participants remain upbeat towards nickel especially from the battery demand side. H1 2019 had mixed results from the major producers due to l...