MANAGEMENT

Woodlawn stays on shelf

HERON Resources is keeping the Woodlawn zinc-copper mine near Tarago in New South Wales closed for at least another month after Orion Mine Finance agreed to extend a waiver of default on the company’s loan agreement for a third time.

 The Woodlawn mine in NSW

The Woodlawn mine in NSW

Heron first announced to the Australian Securities Exchange on March 25 it was suspending operations at Woodlawn, in breach of the loan agreement with major backer OMF, just six-months after arranging...

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