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Glencore coal

Coal mine enters receivership with $1B owed

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...

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...