Bally’s says AU$260m AUSTRAC penalty does not sink Star

Bally’s says the AU$260 million penalty does not make Star insolvent Bally’s, Star Entertainment’s largest shareholder, has publicly backed the company’s turnaround and said the Federal Court’s AU$260 million penalty does not render The Star insolvent. Chairman Soo Kim made the comments in a statement published on Bally’s website over the weekend, four days after…

D&L Mining bankrupt after cost overruns at B.C. gold project

D&L Mining Corp., a British Columbia gold exploration and development company operating the Wingdam Mine near Barkerville, made an assignment into bankruptcy on October 9, 2026, with MNP Ltd. appointed as licensed insolvency trustee. The company reported approximately $19.3 million in liabilities against assets valued at $545,000, following significant cost overruns associated with underground gold…

Prairie Provident enters creditor-led CCAA after failed drilling program

Headquartered in Calgary, Prairie Provident is an oil and natural gas exploration and production group with reserves, producing properties and exploration prospects concentrated in Alberta, particularly in the Michichi and Princess areas. The group also holds assets and liabilities in British Columbia, Saskatchewan and the Northwest Territories. Prairie Provident Resources Inc. is publicly listed on…

Zee draws line between CBI probe against Subhash Chandra and its business

Zee Entertainment Enterprises Ltd (ZEEL) has distanced itself from an Enforcement Case Information Report (ECIR) registered against its founder, Subhash Chandra, saying the proceedings concern him in his personal capacity and the promoter entities, and have no bearing on the company’s operations. The clarification follows an ongoing Central Bureau of Investigation (CBI) probe into an…