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.

Gindalbie slumps on uncertainty Gindalbie slumps on uncertainty Gindalbie slumps on uncertainty Gindalbie slumps on uncertainty 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.