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Half of Lanfranchi workforce sacked

PANORAMIC Resources has cut half the workforce at its Lanfranchi underground nickel sulphide project in Western Australia following a drop in the nickel price and an earthquake.

Marion Lopez
Panoramic Resources has blamed the cuts on a drop in the nickel price.

Panoramic Resources has blamed the cuts on a drop in the nickel price.

While the 2.3 magnitude earthquake does not appear to have caused consequential damage to the mine’s infrastructure, Panoramic said the nickel price drop to below $US5 per pound made mining at the Deacon...

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