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Worthless CuDeco in liquidation

ONCE touted as “the new force in copper”, failed Queensland miner CuDeco plunged into liquidation this week with debts estimated at more than A$60 million, and its shareholders are talking with Piper Alderman about the potential for a class action.

CuDeco is the latest miner to go belly-up.

CuDeco is the latest miner to go belly-up.

There had several attempts to save the furniture before creditors agreed to liquidate the company this week.    CuDeco looked at switching to sulphide ore at its Rocklands project before its collapse....

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