QMEB ยป KordaMentha

Tag - KordaMentha

Avebury mine

Mine collapses after failing to find new owner

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...

King Vol mine

Far North Qld mines collapse with $280M in debt

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...

Cook Colliery

Coal mine goes bust weeks after roof collapses

An underground resources company is unable to repay its debts after structural problems that caused extensive delays at its coal mine and infrastructure in Central Queensland. Bounty Mining has...