Kingsrose wilts

Nine years after it listed, Indonesian gold miner Kingsrose Mining has slumped into administration, with high water inflows into the company’s Talang Santo mine in Sumatra one of the key challenges that has apparently brought the indebted miner undone.

The Way Linggo project in Indonesia ... administrators appointed

15 December 2016
comments
share

Kingsrose has appointed Michael Ryan and Ian Francis of FTI Consulting voluntary administrators, “as part of the continued efforts to restructure the company, its financial arrangements and operations

Be everywhere in mining

Dig even deeper with a premium subscription for access to annual reports from the Mining Journal Intelligence department.

Digital access from £1

£1 for the first month,
followed by monthly installments of £126

SUBSCRIBE NOW

Online access to Mining-Journal.com with dedicated coverage across all key mining sectors
Daily morning, global, and Americas focused newsletters
The industry's most insightful investment columns
Exclusive interviews and reports from all key industry events
Comprehensive site visit reports from the most exciting mining projects
Independent company/project reports
Market-leading insights into the technology and services investment spaces
Data-rich country and state reports providing a snapshot of a regions' investment appeal

view all subscription options

Best value

Premium Print and Digital subscription

SUBSCRIBE NOW

All the benefits of an online subscription plus:
The latest print edition delivered to your door every fortnight
4 annual reports produced by Mining Journal's Intelligence division, and focusing on the most relevant discussion points in the mining sector:
- World Risk Report
- Global Finance Report
- Global Leadership Report
- Project Pipeline Handbook
All the above accessible in digital and print