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Calidus falls into receivership

Hedging, debts and wobbly start-up see gold miner fall despite booming gold market

Haydn Black
Gold production will continue. Credit: Calidus.

Gold production will continue. Credit: Calidus.

The gold price might be booming, but Macquarie Bank has just called time on Calidus Resources, installing Richard Tucker and John Bumbak of KordaMentha as receivers. The move comes in response to the...

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