Latest Voluntary Administration News

Lucapa Diamond Company has entered a binding Deed of Company Arrangement with Dubai-based Gaston International, proposing full creditor repayment and a partial shareholder return above recent share prices. Creditors will vote on the plan on 20 August 2025.

OzAurum Resources reveals that Line Hydrogen, the firm contracted for its Mulgabbie North Heap Leach Feasibility Study, has entered voluntary administration, casting uncertainty over the project’s progress.

Receivers and Managers have been appointed over Bowen Coking Coal and its subsidiaries following voluntary administration, as the company explores sale and recapitalisation options while maintaining operations.

Australian Pacific Coal Limited has entered receivership over its Dartbrook Joint Venture assets following a senior secured debt default, casting doubt on the value of its 80% stake. Despite holding cash reserves, the company assumes no value in the joint venture amid ongoing financial distress.

Bowen Coking Coal Limited remains suspended from ASX trading following its failure to update on funding and debt plans, compounded by the appointment of voluntary administrators.

Bowen Coking Coal has appointed voluntary administrators after failing to secure fresh capital or negotiate with key creditors, reflecting mounting challenges in Queensland's coal sector. The administration aims to enable a sale or recapitalisation while maintaining operations at its Burton Mine Complex.

Mineral Resources Limited has met its FY25 production and cost guidance across all segments, boosted by a cashflow-positive Onslow Iron joint venture and record low costs at Wodgina. The company also strengthened its board and initiated a governance review.

Epsilon Healthcare has completed a $6.7 million sale and leaseback of its Southport manufacturing site, significantly reducing debt and securing long-term operational stability.

TALi Digital has acquired the You Can Do It! education program, boosting its social-emotional learning portfolio, while raising $0.8 million through a private placement to support growth initiatives.

Mineral Resources Limited’s majority-owned Resource Development Group has entered voluntary administration after a funding request was declined, prompting an expected impairment in MinRes’s FY25 results.

Mineral Resources Limited’s majority-owned Resource Development Group has entered voluntary administration, prompting MinRes to prepare for a significant non-cash impairment in its FY25 results. The unfolding administration process raises questions about the future of RDG and its impact on MinRes shareholders.

Resource Development Group Limited has been suspended from ASX trading following the appointment of voluntary administrators, reflecting serious financial distress and regulatory breaches.