Funds flowing to former refinery workers says lawyer
Alexander Law principal Sam Iskander said today at least 20 claims totalling about $450,000 had been paid from a $7 million trust account.
Mr Iskander said he expected a further 30 claims would be settled by the end of the week.
In April Mr Palmer, chairman of QNI Resources Limited, announced he would pay unpaid workers’ entitlements while stressing the view that neither he nor his companies should be held responsible for dismissals at the Yabulu refinery outside Townsville in 2016.
QNI Resources is publishing notices in the Townsville media and on the QNI website explaining how workers can forward claims so they can be considered.
Yabulu refinery operator Queensland Nickel went into liquidation in 2016 and efforts to recover money owed by the company continue in court.
GBM Resources is continuing to build on its Drummond Basin gold strategy by snapping up the Yandan gold project in the same region as its flagship Mou...
CIMIC Group has reached a deal to sell a 50 per cent stake in mining services arm Thiess to hedge fund Elliott Management.The deal will put up to $1.9...