PROJECT FINANCE

Lazarus-like Gascoyne plots return from the dead

AFTER months of negotiation, Gascoyne Resources has announced a rescue package worth A$50 million that could see its shares trading as soon as next month.

Lazarus-like Gascoyne plots return from the dead

The company blamed abnormally high rainfall, labour shortages and COVID-19 impacts for a loss-making September quarter, before suspending its Dalgaranga operation in Western Australia in November. ...

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