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There are fears a Central Queensland mine will be abandoned if the owner is unable to dig itself out of severe financial trouble . A Debtwire credit report for TerraCom - the owner of Clermont s Blair Athol mine - was produced and dated March 24, 2021. The report was based on the ASX-listed miner s first half-year financial results for the period ending December 31, 2020. It stated the company continued to burn through cash and was only left with $4.1m in cash at the end of December. Debtwire reported TerraCom had a total debt of $249.4m and an EBITDA of -$39.9m in the past 12 months. ....
Fears CQ mine will be abandoned over company's money woes cqnews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cqnews.com.au Daily Mail and Mail on Sunday newspapers.
Politics by KELMENY FRASER Premium Content  It took just 24 hours for Labor-linked lobbyist Evan Moorhead to secure access to Treasury officials via ex-Treasurer Jackie Trad s office for a millionaire hotel owner seeking a state bailout. Emails released to The Courier-Mail through Right to Information laws reveal Mr Moorhead had secured a meeting with a top Treasury official for his client just 24 hours after an email introduction by Ms Trad s then chief-of-staff Mark Bellaver. The client, Imperium Tourism Holdings, would later receive taxpayer-funded help in the form of a Queensland Treasury Corporation loan. It shows the speedy introduction lobbyist of the hour and former Labor state secretary Evan Moorhead was able to secure to a high-ranking Treasury executive for a client of his lobbying firm Anacta Strategies. ....
Politics by KELMENY FRASER Premium Content  It took just 24 hours for Labor-linked lobbyist Evan Moorhead to secure access to Treasury officials via ex-Treasurer Jackie Trad s office for a millionaire hotel owner seeking a state bailout. Emails released to The Courier-Mail through Right to Information laws reveal Mr Moorhead had secured a meeting with a top Treasury official for his client just 24 hours after an email introduction by Ms Trad s then chief-of-staff Mark Bellaver. The client, Imperium Tourism Holdings, would later receive taxpayer-funded help in the form of a Queensland Treasury Corporation loan. It shows the speedy introduction lobbyist of the hour and former Labor state secretary Evan Moorhead was able to secure to a high-ranking Treasury executive for a client of his lobbying firm Anacta Strategies. ....