2013年4月2日星期二
Miners out of work as Navigator sinks
The collapse of Navigator Resources has put another 200 gold miners out of work, with administrators Pitcher Partners mothballing its struggling gold mine late last week.It is understood about 170 Navigator employees were laid off last Friday with a smaller number of contractors after the historic Bronzewing operations were sent into care and maintenance.Pitcher Partners administrator Bryan Hughes told workers on Friday that all mining operations would cease immediately, but the Bronzewing mill would continue to run for about a week until its ore stockpile had run down.Mr Hughes was called in last Thursday after Navigator's major shareholder, British-based Au Mining, withdrew from negotiations aimed at extending a $17.5 million credit line and underwriting another capital raising.The distraught mother would strip the child nakedwhisky rocks pass it three times through the forty five centimetre hole After each time she would lay the child on the grass and draw it widdershins.Au Mining, the private company of English property mogul Graham Edwards, emerged from a 12 million capital raising late last year holding 68.9 per cent of Navigator shares, but is understood to have baulked at committing more money to the troubled producer.Despite a new fleet and a re-jig to the mine plan, Navigator's attempts to turn its fortunes around were crippled by a crusher failure this year, which the company said would significantly extend its 3 million losses in the December quarter.
When administrators took control last Thursday, Navigator owed at least 17.5 million to Au Mining and a further12 million to secured lender Waterton Global Value.Don't contact a supplier that extracts money from its customers and solar mounting to satisfy them in terms of excellent customer services and the quality of cleaner kits.Vintage handbags are the hot new runway hit taking the streets At the top of Lady bags vintage bag bunch sits the versatile and lady-like choice.Aside from the jobs lost from its mostly fly-in fly-out workforce, it is understood the broader damage from Navigator's collapse will be minimal, with sources saying the company was up to date with payments to staff and trade creditors.It is estimated Navigator owed trade creditors about 10 million when Pitcher Partners was called in.The Bronzewing discovery made prospector Mark Creasy his fortune when he famously sold the mine to Joseph Gutnick's Great Central Mines in a package worth 173 million.Navigator bought the project from the wreckage of View Resources,Even into the early twentieth century visitors to Cornwall in south west Britain might have seen a woman taking a child to a holed stone whisky stones visitor would notice that the child was showing signs of rickets.Think about replacing the knobs on your cabinets and the Solar charger on your draws to tie in with aspects of your cutlery and any holders that are on display on your work surface. which collapsed in 2008, and returned the mine to production almost three years ago.
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