Caution urged after Qld's largest gold mine's lifesaving $1.4bn deal
Ravenswood Gold secured a $1.4 billion refinancing deal for Queensland's largest gold mine, avoiding closure. The deal, expected to close in late June, will help stabilize over 400 jobs in the region. CEO Tim Duffy stated the transaction marks a significant step forward for the company amid concerns from economists about long-term sustainability.
Summary by OZbrief Editorial · ABC News – Australia · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 19 Jun 2026, 07:18 UTC · Updated 19 Jun 2026, 07:30 UTC
Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections
Related stories
- Port defender out long-term after horror knee injury
- Former Woolies and Ticketek boss’ $3 million property deal
- Abbotsford Convent Foundation faces crisis after board members resign
- Burnham allies confident of No 10 ‘coronation’ after surge in backers
- Olympian Brianna Throssell reflects on running, injury and life after retirement
- Trump acknowledges ‘real problems’ at reflecting pool after $14m makeover, blaming ‘vandalism’
Trending
- Nollamara backyard development under investigation by City of Stirling amid neighbours’ concerns
- Royal Ascot 2026: horse racing updates from day five – live
- Andy Burnham wins Makerfield byelection, emerges as Labour leadership contender
- Transport Accident Commission faces scrutiny over costly legal battles and delays
- Man charged with child grooming after detectives pose online as child
- Europe's AI complacency risks economic collapse by 2031, warns think tank