A CREDITOR wants the former operator of the goldfield under Bendigo declared insolvent because of a debt of just over $200,000. The Bendigo Advertiser has obtained a court document alleging Kralcopic Pty Ltd has failed to pay back $234,308.40 owed to company Gold Miners Australia Pty Ltd. It comes as Kralcopic fights on multiple fronts to stay solvent, reclaim its mining licences, raise $7 million and keep open Kangaroo Flat’s Swan Decline, which is the last major portal under Bendigo. More news: A loss on any of those fronts could potentially trigger the end of roughly a century-and-a-half of mining within Bendigo’s city limits. The Advertiser has obtained a Gold Miners Australia application to wind the company up under the Corporatio…
Read the full article at: https://www.bendigoadvertiser.com.au/story/7130405/creditor-wants-to-force-bendigo-miner-into-administration/