A resources operation will be revived sooner than expected. Australian Pacific Coal (AQC) recently fast-tracked restarting its Dartbrook Coal Project, 122km northwest of Newcastle. AQC has already...
Tag - debt
A foreign owned resources operation will resume work thanks to new funding. About $220 million will help restart production at Lanco Infratech’s Griffin Coal Mine. The Western Australian...
A mothballed fossil fuel development has enough funds to restart production. Australian Pacific Coal (AQC) recently confirmed it can fully reopen its Dartbrook Coal Project, 122km northwest of...
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 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...
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...
The current slump in coal prices has seen US mining giant Peabody Energy file for bankruptcy protection. The world’s biggest coal miner made the announcement yesterday, but has assured its...
Rio Tinto has announced a 21 per cent increase in first half underlying earnings to $5.1 billion. Rio Tinto chief executive Sam Walsh said “Our outstanding half year performance reflects the quality...
