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WBHO workers

Resources employer pays money owed to axed workers

A foreign-backed mining services company will meet its financial obligations to former employees. One of WBHO Australia’s failed subsidiaries recently agreed to pay full entitlements owed to...

Gascoyne administrator has advised 6months to work out the future

Gascoyne administrator provides update

The Administrators of embattled Gascoyne Resources have indicated their intention to continue operating the Dalgaranga mine and have indicated a potential period of six months will be needed for the...

Gascoyne Resources appoint an administrator amidst concerns with recapitiisation

Gascoyne Resources enters administration

Gascoyne Resources Limited (ASX : GCY) has appointed Voluntary Administrators FTI Consulting amidst concerns over expected volumes at the Dalgaranga Gold Project. The company will explore...

Mineral Resources demands $15m loan repayment

Empire Oil & Gas has called in administrators to the whole company after Mineral Resources demanded immediate repayment of a $15 million loan. The Perth Basin operator said it has appointed...

Clive Palmer to sue administrators

Clive Palmer has announced that he is seeking $1.2 billion in damages from John Park, his colleagues and FTI Consulting in relation to their administration of Queensland Nickel earlier this year. Mr...