Rocklands copper miner goes into liquidation
CuDeco has gone into liquidation after the deadline passed this week to execute a Deed of Company Arrangement which included a proposal to merge the business with another North West Queensland mining operation.
Meanwhile, retail shareholders are planning a class action over the collapse of the Rocklands copper mine operator.
Shareholder representative Stuart McCullagh said he had been disappointed by Australian Securities and Investments Commission's failure to act on a long chain of complaints about the company’s directors and the way the Rocklands operation was run.
He is hoping the move to liquidation will see a fresh. . .
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