LEADERSHIP

Red River runs dry as administrators appointed

JUST over four weeks since calling in voluntary administrators for its subsidiary Cromarty Resources, parent company Red River Resources has been forced to call in insolvency firm Cor Cordis.

 Red River is the latest mining collapse

Red River is the latest mining collapse

When it asked FTI Consulting to take control of Cromarty, the vehicle that owns Red River's flagship Thalanga base metal mine in Queensland, the hope was a sales process could save the furniture, and allow...

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