Panthera Resources ends partnership with Galaxy Gold Mines following change in Indian mining law In December 2018, Panthera announced that Indo Gold Pty Ltd (IGL), a subsidiary of Panthera, had entered into a binding term sheet with Galaxy forming a partnership in India to advance the Bhukia joint venture project Panthera Resources PLC (LON:PAT) said it decided not to extend a term sheet with Galaxy Gold Mines Pvt Ltd following the recent change in the Indian mining law, effectively ending a partnership to advance the Bhukia joint venture gold project. The gold exploration and development company said the term sheet with Galaxy lapsed effective 30 April 2021.