Gulf succumbs to administration

GULF Manganese’s stalled plans to develop a manganese smelter in Indonesia are over with Pitcher Partners called in as administrators.

Gulf succumbs to administration Gulf succumbs to administration Gulf succumbs to administration Gulf succumbs to administration Gulf succumbs to administration

Kupang remains incomplete after Gulf's money ran out

The board - chairman Craig Munro, managing director Hamish Bohannan and non-executive John Woodacre - appointed Bryan Hughes and Daniel Bredenkamp as voluntary administrators on Friday morning.