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FTI Consulting will continue to care and maintain the Woodlawn zinc-copper mine following Heron Resources decision to enter voluntary administration after struggling to restart the operation, which has been inoperative since March 2020
On Friday, Herons board of directors appointed Chris Hill, David McGrath and Mike Ryan of FTI Consulting as voluntary administrators of the company and its subsidiaries.
The appointments follow a resolution by the Herons directors that the company has been unable to secure a suitable transaction for Woodlawn through the strategic process announced in August 2020.
According to a company statement, Heron and its advisors have conducted a comprehensive and wide-ran…
Read the full article at: https://www.australianmining.com.au/news/heron-holds-woodlawn-hope-as-administrators-called-in/
