MANAGEMENT

Carabella goes into receivership

JOHN Park and Joseph Hansell of FTI Consulting have been appointed by MACA to act as receiver managers over the accounts of Carabella Resources with respect to the secured loan owed to the mining contractor.

 Carabella's Bluff project in Queensland.

Carabella's Bluff project in Queensland.

MACA has a mining services contract at Carabella's Bluff pulverised coal injection project in Queensland. Uncertainty regarding Chinese government policy relating to Australian metallurgical coal imports...

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