Ravenswood Gold announces $1.4 billion refinancing of Queensland’s largest mine

Queensland’s largest gold mine has escaped financial crisis by meeting its self-imposed refinancing deadline, although one expert warns a close watch should be kept on the project. Ravenswood Gold has secured a $1.4 billion refinancing deal to help pay off debts incurred through expansions and outdated hedge book prices. The Ravenswood Gold Mine is about…

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KPMG Australia under fire as parliamentary committee investigates whistleblower claims

Federal senators have accused senior leaders in Australia’s accounting and auditing industry of behaving disgracefully as more revelations emerge about KPMG’s whistleblower scandal. At a parliamentary hearing in Canberra on Friday the former head of audit at KPMG Australia, Julian McPherson, apologised to a whistleblower after the committee heard the unnamed individual had allegedly been…

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