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Australia
ABC News AU
National & Local
Last-minute administration blocks fire sale of billionaire's coal mine
Sanjeev Gupta's Tahmoor Coal mine is placed into voluntary administration to prevent liquidation amid ongoing financial turmoil.
Feb 10 • 06:30 UTC
🇦🇺
Australia
ABC News AU
National & Local
British billionaire urged to accept $350 million for mothballed mine
The Mining and Energy Union is urging billionaire Sanjeev Gupta to sell the Tahmoor Colliery for $350 million to clear debts and allow for an immediate restart of operations.
Feb 5 • 06:18 UTC