A struggling mineral processor collapsed after losing more than $23.5 million. Elmore recently appointed KPMG restructuring director Clint Joseph as well as turnaround partners Matthew Woods and...
Tag - Insolvency
Dwindling commodity prices forced a struggling resources operation into receivership. A near 42 per cent drop in nickel spot prices prompted Mallee Resources to transition its Avebury mine into care...
Falling resources prices prompted employers to pause production at multiple locations. Voluntary administrators indefinitely suspended operations at Panoramic Resources’ Savannah Nickel Project...
People owed money rejected an insolvency firm hired to sell a fossil fuel operation in Queensland’s Western Downs region. A majority of creditors voted to remove BCI Ferrier as voluntary...
Receivers and Managers of Navarre Minerals Queensland Pty Ltd (NMQ), McGrathNicol Restructuring, confirm today that an expressions of interest sale campaign for NMQ’s Mt Carlton gold mine...
Multiple operations entered insolvency after being unable to cover running expenses. KordaMentha recently began administering the sale of Aurora Metals, which financially collapsed at the end of June...
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 mining operation could be revived in Queensland’s Atherton Tableland region. The State Department of Resources recently invited bids to reopen the former Wolfram Camp Mine in Dimbulah, 133km...
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...
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...
