ABC News – Australia
·australia
·2 hours ago
Government 'watching' as outback gold mine sets financial deadline
Queensland's largest gold mine, Ravenswood, set a June 15 refinancing deadline as it faces inflationary pressures and outdated hedging contracts. The mine employs about 400 people near Townsville. The state government is closely monitoring the situation, with the company seeking to manage hedge obligations and repay outstanding borrowings amid sector-wide challenges.
Summary by Glance · ABC News – Australia
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