Green groups are calling for more underground coal gasification projects to be stopped after the Queensland government charged five Linc Energy executives. The five executives will face court in Dalby later this month over the failed company’s operation of an underground coal gasification site in the Darling Downs. Former Linc chief executive Peter Bond was…
Green groups are calling for more underground coal gasification projects to be stopped after the Queensland government charged five Linc Energy executives. The five executives will face court in Dalby later this month over the failed company’s operation of an underground coal gasification site in the Darling Downs. Former Linc chief executive Peter Bond was…
McAleese CEO Mark Rowsthorn is still hopeful of restructuring the trucking group Cole Bennetts McAleese’s administrators, McGrathNicol, have received a new restructuring proposal from Hong Kong’s SC Lowy and plan to discuss the transport group’s options, which include liquidation, with creditors next month. McGrathNicol is reviewing draft deeds of company arrangement from McAleese’s secured creditors, the administrators said on…
Five former Linc Energy executives have been charged by the Queensland government with breaching environmental law over the operation of its underground coal gasification site in Chinchilla. Former chief executive Peter Bond was in September charged with three indictable offences and last week was summonsed on two additional charges of failing to ensure the company…
The Queensland Government has charged five former executives of Linc Energy with environmental offences over the failed company’s alleged contamination of huge swathes of prime farmland in the state’s south-east. Key points: Charges related to alleged contamination caused by underground coal gasification Four other former Linc executives also summonsed Company has denied the charges…
The administrators of mining services company McAleese expect to find buyers for large parts of the embattled group’s four business units. McGrathNicol administrators on Monday said they had received interest for McAleese’s specialised transport, oil and gas distribution and aviation refuelling and resources businesses, as well as some profitable depots that form part of the…
The Queensland Government has charged five former executives of Linc Energy with environmental offences over the failed company’s alleged contamination of huge swathes of prime farmland in the state’s south-east. Key points: Charges related to alleged contamination caused by underground coal gasification Four other former Linc executives also summonsed Company has denied the charges…
AUCKLAND-BASED children’s retailer Pumpkin Patch, which has a store in Mackay, has gone into voluntary administration. The company’s 2016 full year commentary report states Pumpkin Patch reported a net after tax loss of $15.5 million for the year to July 31, 2016 compared to a loss of $9.1 million the previous financial year. Other media…
A Caulfield husband and wife stole jewellery from their customers to try to keep their struggling business afloat, a court has heard. Georgette and Roger Aznavorian ran Caulfield Jewellers a business that cleaned, repaired and sold clocks, watches and jewellery in Caulfield North for more than 20 years. The Aznavorians would tell customers that the delay in getting their watches…
The Coolamon community has rallied behind its embattled sport and recreation club, pitching in $16,000 to keep it afloat. On Tuesday The Daily Advertiser revealed the club was on the edge of falling into voluntary administration, after board members were told more than $360,000 was owed to creditors and police were investigating missing funds from the clubs Keno facilities.…