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Merger of Walhalla minnows on the cards

AUSTAR Gold is considering picking over the carcass of collapsed Victorian mining minnow Centennial Mining, following approaches from a number of Centennial creditors urging it to open discussions with KordaMentha.

Haydn Black
AuStar owns the only plant in the Wahalla gold field.

AuStar owns the only plant in the Wahalla gold field.

While a merger is not assured, AuStar has confirmed it is talking with the administrators and other parties to assess the potential for a deed of company arrangement, executive chairman Frank Terranova...

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