CAPITAL MARKETS

Tinkler grows impatient with Narrabri hiccups

PERSISTENT longwall problems at Whitehaven Coal’s $A500 million Narrabri mine in New South Wales are expected to provide the catalyst for major shareholder Nathan Tinkler to seek to oust five of its directors at next week’s annual general meeting.

Lau Caruana
Tinkler grows impatient with Narrabri hiccups

Tinkler, who holds 19.4% of the NSW producer, is pressuring chairman Mark Vaile to provide him with an operational and financial update, which would include details on the faulty longwall control systems...

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