Falling resources prices prompted employers to pause production at multiple locations. Voluntary administrators indefinitely suspended operations at Panoramic Resources’ Savannah Nickel Project...
Tag - voluntary administration
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...
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...
Rising expenses and debt forced a mineral producer into insolvency. Wiluna Mining Corporation recently appointed FTI Consulting senior managing directors Michael Ryan, Kathryn Warwick, Daniel...
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...
Linc Energy has gone into voluntary administration in the same week the Queensland Government announced a ban on underground coal gasification. The company was recently committed for trial in the...
The future of the Springsure Creek coal mine in Central Queensland looks very shaky with the announcement late yesterday that the project proponent, Bandanna Energy, has gone into voluntary...
Northern Territory iron ore miner, Sherwin Iron, has delivered a devastating blow to the Top End’s resources sector by announcing the company will go into voluntary administration, just weeks...