Austindo reassesses Cibaliung

THE troubled Cibaliung gold project in Indonesia has forced Austindo Resources to review mining and financial options following the termination of the decline development contract and a search for a “cornerstone investor” and other parties at corporate and project levels.

Austindo reassesses Cibaliung
Austindo reassesses Cibaliung
Austindo reassesses Cibaliung
Austindo reassesses Cibaliung
Austindo reassesses Cibaliung

The Melbourne-based company was last month reviewing the possibility of terminating the decline contract and said this morning the contract was terminated, although it did not say which party had

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