CAPITAL MARKETS

Wiluna administrators seeking more time

FOLLOWING last week’s first meeting of creditors of Wiluna Mining, voluntary administrator FTI Consulting has secured the nod to continue mining and processing on a business as usual basis – for now.

Wiluna needs to produce and sell more concentrate to trade out of its issues

Wiluna needs to produce and sell more concentrate to trade out of its issues

The creditors have agreed to form committees to investigate Wiluna and its subsidiaries, while allowing FTI to attempt to stabilise the business and its operations - or sniff out buyers for the large but...

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