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May 01, 2019

Update on stalled Rocklands copper operation

Update on stalled Rocklands copper operation

Rocklands operator CuDeco has released its quarterly report today, outlining the state of play for the stalled copper operation. Operational activities at the Cloncurry mine remain suspended indefinitely while the company attempts to restructure its finances. CuDeco reported that it had recently refinanced convertible note facilities of almost $30 million with a secured convertible loan…

This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Mining North, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining North, and iQ Civil and iQ Geo members only.
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