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Ausgold goes into administration

THE sole shareholder and director of Ausgold Mining, controversial Chinese businesswoman Sally Zou has placed her insolvent company into voluntary administration.

Karma Barndon
Despite being in the red by around $43 million, Zou claims the company owes her $35 million.

Despite being in the red by around $43 million, Zou claims the company owes her $35 million.

Ausgold  was  called out by the New South Wales Resource Regulator last year when dozens of kangaroos drowned in a slimes storage dam at the Good Friday gold mine in the state's  far west. Finding the...

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