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Wolf and GRES end dispute

Wolf Minerals has ended a contractor dispute by handing back a £7.5 million (US$10.5 million) performance bond to an EPC firm it said had failed to fix a noise problem in its Hemerdon processing plant.

Wolf and GRES end dispute Wolf and GRES end dispute Wolf and GRES end dispute Wolf and GRES end dispute Wolf and GRES end dispute

"Good thing we had that bond"

But, in a happy coincidence, the estimated cost of fixing the problem is the same as the performance bond, and Wolf says fellow ASX company GR Engineering Services has agreed to cover it.