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WPG calls in the administrators

SOUTH Australian gold miner WPG Resources has called in the administrators after failing to recapitalise.

Kristie Batten
Byrnecut is helping WPG optimise its Challenger mine.Mining contractor Byrnecut last month entered into a six-week forbearance agreement with WPG.

Byrnecut is helping WPG optimise its Challenger mine.Mining contractor Byrnecut last month entered into a six-week forbearance agreement with WPG.

EY was appointed as joint and several administrators of WPG and its subsidiaries. The company said it was forced into the move after a key prospective investor withdrew from recapitalisation discussions....

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