David Winterbottom

Red Fork Energy placed in receivership
Mining

Red Fork Energy placed in receivership

By Mark Beyer

West Perth-based Red Fork Energy, which has raised $125 million from investors over the past three years to support its shale drilling program in the US, has collapsed after losing the support of its major lender.

11 Dec 2014
Mirabela output slumps
Mining

Mirabela output slumps

Mirabela Nickel has reported a 14 per cent drop in nickel production for the March quarter as the cash strapped company seeks to undertake a complex restructuring.

01 May 2014
GFR calls in administrators
Mining

GFR calls in administrators

By Michael Ramsey

Mine site water infrastructure group GFR has become the sixth Perth-based company to call in administrators in as many weeks, citing deteriorating trading conditions and significant contract delays.

18 Mar 2014
Mirabela proposes survival plan
Mining

Mirabela proposes survival plan

By Mark Beyer

Mirabela Nickel has proposed a complex restructuring that involves placing the company into administration, raising new capital and implementing a debt-for-equity swap that will leave current shareholders owning just a small fraction of the embattled mining company.

25 Feb 2014

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