A resources operation will be revived sooner than expected. Australian Pacific Coal (AQC) recently fast-tracked restarting its Dartbrook Coal Project, 122km northwest of Newcastle. AQC has already...
Tag - debt
A foreign owned resources operation will resume work thanks to new funding. About $220 million will help restart production at Lanco Infratech’s Griffin Coal Mine. The Western Australian...
A mothballed fossil fuel development has enough funds to restart production. Australian Pacific Coal (AQC) recently confirmed it can fully reopen its Dartbrook Coal Project, 122km northwest of...
A construction company became insolvent after a mining multinational was late in meeting its financial obligations. An ongoing payment dispute with Gina Rinehart’s Roy Hill mine reportedly...
A foreign owned resources operation became insolvent after owing parties more than $1 billion. Deloitte was recently appointed as receivers for Lanco Infratech’s Griffin Coal Mine in Shotts...
A resources producer attracted major funding for its flagship coal operation. New Hope Corporation (NHC) recently purchased a 15 per cent stake in Malabar Resources. The deal involved NHC acquiring...
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...
Diversification, efficiencies and innovation will be the best recipe for survival for mining services companies under ongoing pressure from a mining sector focused on productivity. EY’s latest annual...
Rio Tinto has announced a 21 per cent increase in first half underlying earnings to $5.1 billion. Rio Tinto chief executive Sam Walsh said “Our outstanding half year performance reflects the quality...
