Savannah's new dawn

PETER Harold’s Panoramic Resources has confirmed it will reopen the mothballed Savannah mine in Western Australia’s Kimberley region to take advantage of improving nickel, copper and cobalt prices, funded by cash on hand and a new A$40 million secured loan from Macquarie Bank.

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Savannah.

The bank and the miner have signed a terms sheet for the loan facility which, combined with an oversubscribed entitlement offer that raised around $21 million in February, means the company is fully

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