Red River originally put Hillgrove into care and maintenance in September
Struggled to raise capital after a series of unfortunate events
Operation bedevilled with operational problems for past few months
Australia's 2020 gold output was worth about $27 billion based on the year's average gold price.
Has returned a grade of 3.94 grams per tonne gold.
Buying gold-antimony mine in New South Wales for $4 million.
722 out of 2109 Australian and foreign owned companies paid no tax in the 2016-17 tax year.