Belmont-based labour hire provider Go2 People has revealed it is owed about $445,000 by contractor VCS Civil and Mining, which went into receivership last week, while a director involved in both businesses has been forced to step down.
The parent company of Perth-based mining services company JSW Australia has entered voluntary administration, with representatives of McGrathNicol appointed yesterday.
Contractors Doug Grewar and John Silverthorne are planning to develop the Brightstar gold project near Laverton, after their private company signed an agreement with project owner Stone Resources A
Former mining services company Viento Group is under new leadership after a board restructure replaced all directors, including John Silverthorne, who in July struck a deal to buy all of the compan
Mining services company Viento Group has gone into administration, despite having won major new contracts in the past month with iron ore miners BC Iron and Rio Tinto.
Five weeks after announcing a $7.2 million rights issue, and three weeks after getting a loan from two of its directors, Viento Group has called a trading halt on its shares while it considers funding options.
BC Iron has moved forward with its cost-cutting initiatives by awarding a $40 million contract to Viento Group to provide crushing and screening at its Warrigal hub, which forms part of the Nullagine joint venture.
A joint venture between Viento Group and indigenous-owned Kimberley Pipelines has been awarded a $9.8 million pipeline construction works contract for the first stage of Fortescue Metals Group's North Star magnetite project in the Pilbara..
Mining transport company AL Logistics has gone into voluntary administration as it seeks to secure a $2 million investment to pay its creditors and continue operating.
Three years after completing a management buy-out, JSW Australia directors Jeff Branson and John Silverthorne have struck an agreement to sell their debt-laden drilling business; but they won't be