MANAGEMENT

Tinkler takes Whitehaven to court over shares

Whitehaven has vowed to defend the proceedings.

 Nathan Tinkler.

Nathan Tinkler.

Tinkler, who claims to be trustee of the Boardwalk Resources Trust, asserts in the proceedings that he holds certain milestone shares.
 
In his statement of claim makes various allegations against Whitehaven concerning an alleged breach of contract and misleading or deceptive conduct in connection with the milestone shares. 
 
Whitehaven has vowed to defend the proceedings.
 
"However, Whitehaven understands that Boardwalk Resources Investments Pty Ltd is the owner of those shares and that Boardwalk is in liquidation," the company said in a statement.
 
"Whitehaven denies in the strongest possible terms any wrongdoing, will vigorously defend the proceedings, and seek to have it dismissed at an early stage." 

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions