Insolvency practitioners have taken control of Margaret River wine producer Tate Wine, the latest local alcoholic beverage maker to buckle under industry headwinds.
The corporate watchdog has launched civil legal action against under-administration gold play Wiluna Mining and its former chairman over “misleading claims to investors” on its last-ditch capital raise.
Creditor claims of more than $740 million have piled up against the taxpayer-backed East Rockingham waste-to-energy plant, including from Acciona and National Australia Bank.
The East Rockingham Waste to Energy plant has been handed over to administrators and receivers with an eye to sell the nearly completed project, which remains embroiled in a legal dispute.
ASX-listed Pilbara goldminer Calidus Resources has been handed over to receivers and administrators, with contractor Macmahon revealing a $34 million contract exposure.
Sandalwood producer Quintis has been placed on the market after receivers were appointed to the business this week, with the sale to include its operations and facilities across Australia.
Our weekly appointments wrap includes Emma Williamson, Rebecca Moore, Sallese McNeil, Lisa Jansen, Brendan Hurrell, Alan Myers, Monish Paul, Ross McEwan, Andrew Irvine, Niamh O'Connor, Gower He and Stephen Ross.
The Federal Court has approved a six-month extension sought by administrators of collapsed miner Panoramic Resources as they examine the dozens of expressions of interest to buy.
The administrators of Panoramic Resources will suspend operations at its Savannah nickel mine in the Kimberley region, resulting in immediate redundancies for hundreds of staff.
Troubled nickel miner Panoramic Resources has been placed in the hands of administrators from FTI Consulting after an unsuccessful bid to obtain funding or attract buyers.
Creditors for Wiluna Mining have approved a formal agreement between the company and its creditors to avoid the gold play and its subsidiaries winding up.
Billionaire Mike Cannon-Brookes is set to acquire collapsed renewable energy business Sun Cable, despite previous interest from former project partner Andrew Forrest.
Swedish multinational Epiroc has bolstered its ranking as one of WA's largest mining services companies, after coming to the rescue of local manufacturer Schramm and saving 80 jobs in the process.
FTI Consulting says parties beyond Andrew Forrest and Mike Cannon-Brookes have expressed interest in buying the mammoth solar project known as Sun Cable.
Drilling and equipment supplier Schramm Group has brought in voluntary administrators less than two weeks after an employee was fatally injured at the company's workshop in Welshpool.
The voluntary administrators to Sun Cable say the sale process has commenced for the $30 billion solar project, with binding proposals due by the end of April.
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Billionaires Andrew Forrest and Mike Cannon-Brookes have declared their support for Sun Cable's ambitious $35 billion renewable energy project but its clear they won't be investing together.
Ambitious plans to develop the world's largest solar energy network in the NT have gone awry after a disagreement between billionaire backers Andrew Forrest and Mike Cannon-Brookes.
Hoyts has bought three venues from Grand Cinemas and administrators mulling options for two remaining venues weeks after the longstanding Perth business went under.
Grand Cinemas has called in administrators and will close two of its five cinemas after struggling to recover from pandemic closures and capacity limits.
Daughter of bankrupted Perth racing identity Alan Macalister, Kirsty Wardle, has sold two Bayswater properties, both subject to freezing orders in the Federal Court.
Administrators for Wiluna Mining will investigate details of a last-ditch capital raising that collected less than the company reported to the ASX in the weeks before its collapse.
