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Miner Nathan River Resources collapses owing at least $300m
Iron ore miner Nathan River Resources enters administration owing at least $300 million Tue 9 Jun 2026 at 5:00pm In short: Nathan River Resources has entered administration after a turbulent period where it closed its NT mine and stood down dozens of workers. The company owes at least $300 million in debt, unpaid wages and payments to the NT government and traditional owners. Perth-based BRI Ferrier have been appointed as administrators.
Iron ore company 'undermines' promises after failing to pay traditional owners
Traditional owners' $2 million loss as Nathan River Resources collapses 'undermines' promises Wed 10 Jun 2026 at 3:32pm In short: The Northern Land Council says Nathan River Resources undermined its own promises to traditional owners by failing to pay royalties before it collapsed. The company went into administration last month and owes about $360 million to a range of creditors including the NT government, contractors and staff.