A foreign-backed mining services company is under review after failing to meet financial obligations. South Africa-headquartered WBHO Infrastructure and 17 other entities recently collapsed and...
Tag - insolvency
A resources producer is struggling to meet its financial obligations and taken the first step towards insolvency. Cor Cordis partners Jeremy Nipps and Barry Wight have been appointed as voluntary...
An outsourcing company will have to remunerate retrenched coal mine employees for additional payments they are still owed. The Federal Court recently ordered the now defunct SubZero Group to pay...
Speculation is growing that one of the world’s largest mineral producers could exit its Australian coal operations. Peabody Energy has decided to take “aggressive actions” to cut...
A struggling mineral producer will sell off its $226 million alkali metal mine to help meet financial obligations. Altura Mining has voluntarily appointed Cor Cordis partners Clifford Rocke and...
An anti-mining organisation could pay the ultimate price postponing an $896 million mine expansion for more than a decade. New Hope Group (NHG) is pursuing the Oakey Coal Action Alliance (OCAA) for...
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A national construction company has declared bankruptcy, leaving hundreds of people without work just a week before the Christmas break. Dozens of employees arrived to start their shift at Baron...
Key decision makers called it quits just days before a precious metal producer suffered financial ruin on June 2. Chief executive Richard Hay and chief financial officer Mike Ball are among the high...
