PERTH (miningweekly.com) – The ASX suspended shares of Eastern Goldfields from being traded on Wednesday after the Western Australian Supreme Court ordered that the company be wound up and a liquidator be appointed.
Assay provider Genalysis Laboratory Services lodged the winding up case, which was heard on Tuesday.
The gold producer, which owns the recently commissioned Davyhurst plant, also faced a winding up application from Deloitte Tax Services, which was due in court in September.
Meanwhile, project house GR Engineering has also gone into a trading halt, as the company considers the implications of the winding-up of Eastern Goldfields. In July, GR Engineering launched its own legal proceedings against Eastern Goldfields in the Supreme Court claiming A$9.9-million plus interest and costs for work done on the Davyhurst gold processing plant.
The processing plant this week poured its first carbon-in-pulp gold from the newly refurbished 1.2-million-tonne-a-year Davyhurst plant.