Heron flies into administration

AFTER being unable to secure a buyer for its Woodlawn zinc-copper-lead mine in New South Wales, Heron Resources’ board has called in Chris Hill, David McGrath and Mike Ryan from FTI Consulting as voluntary administrators.

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Woodlawn's flotation plant.

Heron had been working with Azure Capital since last August to find a buyer for the shuttered mine.

Operations were suspended at Woodlawn on March 24 2020 as COVID-19 restrictions started to bite.