LEADERSHIP

Administration looms for nickel miner

MORE than half of the shares have voted down a rescue package offered by offtake partner Hartree Metals and that could have saved Tasmanian nickel miner Mallee Resource, meaning the company is within days of default.

Hundreds of jobs could be at risk

Hundreds of jobs could be at risk

Mallee had been banking on the US$25 million funding from its largest shareholder to repay loans and patch over a short-term capital crunch as it ramped up its Avebury mine, but 55% of shares at yesterday's...

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