Bounty collapses again, 18 months after listing

DIRECTORS of coal producer Bounty Mining have appointed KordaMentha as voluntary administrator, while its primary lender QCoal Bounty Holdings appointed PwC as receivers and managers.

Bounty collapses again, 18 months after listing Bounty collapses again, 18 months after listing Bounty collapses again, 18 months after listing Bounty collapses again, 18 months after listing Bounty collapses again, 18 months after listing

The Cook colliery

The receiver managers have taken control of Bounty's assets, undertakings and operations including responsibility for the day-to-day running of the Cook colliery in Queensland.