AuStar Gold clarifies it has no connection to the Good Friday Mine

Company News

by Rachael Jones

Gold mining company AuStar Gold (ASX:AUL) released a statement yesterday in response to media reports of the closure of the Good Friday mine stating it has no connection to its owners or operators.

The mine in New South Wales was the subject of a report by the NSW Resource Regulator released on the 4th February.

Problems identified at the Good Friday Gold Mine included failure to comply with mining operations plan, failure to report environmental incidents and failure to appoint a technically competent person.

Shares in AuStar Gold (ASX:AUL) closed flat at $0.004 yesterday.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.