CAPITAL MARKETS

Paringa calls in help as it defaults on loan

ATTEMPTS to resuscitate the US thermal coal sector are not going well, and there are signs the latest casualty may be Australia-based, Ian Middlemas-chaired Paringa Resources, less than a year after it commenced sales.

Paringa hopes FTI can show it the light at the end of the tunnel.

Paringa hopes FTI can show it the light at the end of the tunnel.

The deeply indebted junior miner has called in FTI Consulting to advise it on how best to navigate a way forward at its plagued Poplar Grove mine in Kentucky after it defaulted on a US$1.5 million quarterly...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: Mining Briefs: ioneer, Auroch and more
PREVIOUS: IGO shares hit nine-year high

MOST POPULAR

1

PRECIOUS METALS

Gold miners descend on Denver for Gold Forum Americas 2024

2

CAPITAL MARKETS

McEwen Copper IPO set for next year

3

PRECIOUS METALS

Gold tracks ever higher

4

MINERS

Westgold eyes growing top-five production performance

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902