Gupta coal mine faces liquidation as creditors lose patience

Sanjeev Gupta’s last remaining Australian mine—the Tahmoor Colliery in NSW—is facing a winding up application by an insurer controlled by unions and the coal industry. More from The Australian (subscription required).

Meanwhile, KordaMentha, the administrators for the Whyalla Steelworks once owned by Mr Gupta, have said modernising the steelworks and developing the nearby iron ore mines could cost a new owner up to $8 billion. More from AFR (subscription required).