CAPITAL MARKETS

Tough times at Croesus

CROESUS Mining will remain in a trading halt for at least another two weeks as a new mine plan for its mainstay Norseman operation is developed, but chairman Michael Kiernan is adamant the problems do not signal the end of the company.

Ben Sharples
Tough times at Croesus

“What I can say quite clearly is Croesus is not going down the tube,” Kiernan told MiningNews.net. Alarm bells started ringing yesterday after the Kalgoorlie-based gold producer posted a $A27.38 million...

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