CAPITAL MARKETS

Gindalbie slumps on uncertainty

GINDALBIE Metals is seeking clarification over reports partner Ansteel plans to withdraw funding from Karara Mining, warning that such a move would put the company at risk of collapse.

Kristie Batten
Gindalbie slumps on uncertainty

The company said it was aware of reports of a memo circulated to staff at the Karara magnetite mine in the Mid West last week by the CEO of its 48%-owned subsidiary Karara Mining. Gindalbie acknowledged...

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