Coffs Coast Advocate

Miners told to pay rail giant’s court costs

A GROUP of coal miners who initiated a failed court battle against Aurizon has been ordered to pay more than half of the...

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18th Oct. 2019 8:10 AM

Gladstone business appeals decision on $130m claim

A GLADSTONE business has appealed a supreme court decision that dashed hopes of recovering millions in debt it claimed to...

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04th Sept. 2019 5:09 AM

Wiggins Island Coal Export Terminal has appealed a Supreme Court decision. File photo.

Struggling coal miners lose multimillion-dollar court battle

A PLEA for financial relief by coal miners has been dismissed by the Supreme Court, after it ruled in favour of Aurizon in...

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03rd July 2019 10:07 AM

WICET's latest target for legal action

NEW Hope Corporation is the latest target for legal action by Wiggins Island Coal Export Terminal over the failure of a...

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10th Dec. 2018 5:12 AM

Behind the $2.5b deal to refinance Gladstone project

THE refinancing of Wiggins Island Coal Export Terminal has been described as the "largest and most significant" of its kind...

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11th Oct. 2018 5:10 AM

DONE DEAL: The lawyers involved in the Wiggins Island Coal Export Terminal refinancing have revealed some of the complexities of the negotiations.

Yasso brothers to play in 10th Industries Challenge

Aurizon and WICET will make their Industries debut

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21st Sept. 2018 2:09 PM

TALENTED TWINS: Keagan and Baillie Yasso will be in action over the weekend. INSET: Keagan shows his athleticism on the field.

WICET SAGA: Court tosses coal terminal a lifeline

THE owners of Wiggins Island Coal Export Terminal have received an eight-year respite on debt repayments, which some feared...

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20th Sept. 2018 5:09 AM

Wiggins Island Coal Export Terminal's five miner owners have had a refinancing plan approved by the New South Wales Court.

WICET denies lender's claims in $40m court challenge

WIGGINS Island Coal Export Terminal has denied claims by its junior lenders who have started court proceedings to sue the...

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07th Aug. 2018 4:08 AM

A junior lender to Wiggins Island Coal Export Terminal argues they were not paid dividends they were owed.

ANOTHER HURDLE: WICET faces potential $40m court battle

Junior lenders are reportedly suing the Gladstone coal export facility over unpaid dividends.

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06th July 2018 8:07 AM

FLASHBACK: The first loads of bedding coal being delivered to the Wiggins Island Coal Export Terminal (WICET).

Contractor's plea for court cost help rejected

MINING contractor Civil Mining and Construction will pay its court costs after a six-year battle with Wiggins Island Coal...

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01st May 2018 4:05 AM

Contractor CMC had its application for an indemnity for its court costs rejected after a lengthy battle with WICET.

Coal terminal gets smoked in long-running court fight

Contractor wanted millions after coal export terminal battle, but both sides have to pay

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26th March 2018 2:03 PM

The Wiggins Island Coal Export Terminal at Golding Point has been at the centre of a long-running court battle.

WICET owners accept deal in bid to resolve $3.5bn debt

THE owners of Wiggins Island Coal Export Terminal have accepted the financial lifeline offered to help resolve its mounting...

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20th March 2018 5:03 AM

The first loads of bedding coal were delivered to the Wiggins Island Coal Export Terminal (WICET) in March, 2016.

WICET lenders make counter-proposal to tackle debt

THE owners of Wiggins Island Coal Export Terminals have been dealt a new refinancing proposal from the facility's senior...

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13th March 2018 4:03 AM

WICET sent back to drawing board for $3.5bn debt repayment

Banks owed more than $3.5 billion by Wiggins Island Coal Export Terminal have rejected its latest proposal to change its...

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08th March 2018 2:03 PM

A proposal to change WICET's debt repayment contracts has been rejected.

Critical vote on WICET's debt repayment this week

IN TWO days lenders to the Wiggins Island Coal Export Terminal are expected to vote on a five-year extension to the...

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26th Feb. 2018 4:02 AM

Lenders will vote on Wednesday on a proposal to change WICET's debt repayment terms.

Aurizon's $4b CQ deal in doubt

Purchase of Blackwater mine a key condition for bid to go ahead

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31st Jan. 2018 2:01 PM

Aurizon's $4bn WICET deal in doubt

AURIZON'S potential buy of the debt-laden Wiggins Island Coal Export Terminal is in doubt after one company involved in the...

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31st Jan. 2018 8:01 AM

WICET's $3.5b debt casts 'significant doubt' on its future

WIGGINS Island Coal Export Terminal has admitted there is "significant doubt" in its ability to remain viable if it does...

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16th Dec. 2017 4:12 AM

A week after the first load of coal arrives at the Wiggins Island Coal Export Terminal, dozers and trucks begin to move the coal to bed down the stockyard.

Photo Mara Pattison-Sowden / The Observer

REVEALED: Which Gladstone projects didn't pay tax last year

NEW data released by the tax department revealed the major companies which earn more than $100 million a year but did not...

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09th Dec. 2017 11:12 AM

An aerial view of the three LNG plants at Curtis Island.

JOBS RETURN: New CQ mine owner promises to be different

THE likely new owner of Cook Colliery mine promises to be "very different" to the now liquidated company at the helm when...

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06th Dec. 2017 4:12 AM

The Cameby Coal mine has been purchased by the Chinese owned Yancoal company. Photo contributed.

Multimillion spat: Terminal smokes contractor at appeal

Setback for contractor after top court allows coat export terminal's appeal.

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05th Dec. 2017 6:12 AM

After a multimillion dollar payout order, Wiggins Island Coal Export Terminal's appeal has been allowed.

WICET costs appeal digs up the past over $4m payout

Appeal looks at costs awarded against Wiggins Island Coal Export Terminal to contractor Civil Mining and Construction is...

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23rd Nov. 2017 5:11 AM

An appeal relating to costs awarded against WICET to contractor Civil Mining and Construction has started in Brisbane.

Aurizon faces competition from mining giant for WICET

RAIL giant Aurizon is expected to face some competition in its bid for debt- laden Wiggins Island Coal Export Terminal...

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21st Nov. 2017 4:11 AM

$4bn bid for WICET prompts CQ mine sale speculation

AURIZON has confirmed it is in early discussions to acquire Wiggins Island Coal Export Terminal, in a rumoured $4 billion...

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13th Nov. 2017 12:11 PM

New desperate plan to fix coal terminal's billions in debt

THE board and management of Wiggins Island Coal Export Terminal are preparing to kick one of their biggest challenges, ...

coal export debt gladstoneindustry wicet

10th Nov. 2017 4:11 AM

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