Indigenous contracting company Eastern Guruma has been put in the hands of administrators after suffering big losses on a couple of resources projects.
Eastern Guruma was also caught up in the collapse of joint venture partner Brierty, leaving it with a claim of about $350,000.
Administrators from WA Insolvency Solutions were appointed late last week to the civil and mining contractor, which has three pastoral management subsidiaries not subject to insolvency measures.
WAIS partner Kim Strickland said the group had 180 employees, including 100 working for the contracting arm.
He said Eastern Guruma, which has contracts with Rio Tinto and Fortescue Metals Group, continued to…
Read the full article at: https://thewest.com.au/business/contracting/administrators-take-charge-of-indigenous-contractor-eastern-guruma-ng-b88644961z
