Panoramic Resources Limited is engaged in the exploration, evaluation, development and production of mineral deposits. The Company operates in four segments: Nickel, which is the aggregation of the Savannah Nickel Project, Lanfranchi Nickel Project and Copernicus Joint Venture; Gold, which is the Gidgee Gold Project; Australian Exploration, and Overseas Exploration. It owns and operates the Savannah (East Kimberley) and Lanfranchi (Kambalda) underground nickel mines and the Gidgee Gold Project (Murchison). Panoramic is also engaged in exploration activities in Australia and Scandinavia, primarily focusing on nickel, copper, platinum group metals (PGM's) and gold, and in Canada and South America via equity investments in junior explorers. On February 18, 2011, the Company purchased the Gidgee gold project. On January 31, 2011, the Company purchased all of Breakaway Resources Limited's tenement interests in the East Kimberley region of Western Australia. On February 3, 2012, the Company acquired Magma Matals Ltd. for 39M AUD.