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Warrawoona gold mine enters care and maintenance
KordaMentha, acting as receivers and managers for Calidus Resources, has announced plans to place the Warrawoona gold mine, near Marble Bar in Western Australia, on care and maintenance over the next three weeks. In parallel to the care-and-maintenance plan, a dual-track recapitalisation and sale process for Calidus, which also the Nullagine gold, Pirra lithium project Haoma Mining joint venture projects. The Nullagine project, owned and operated by entities in the Calidus group under administration by FTI Consulting, is also under scrutiny. The administrators have previously indicted a need to assess options, ... (full story)
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- Posted: Jul 11, 2024 12:03am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 332
