AFR Now:Calidus Resources, an ASX-listed gold miner, has...

AFR Now:

Calidus Resources, an ASX-listed gold miner, has collapsed with its main financier, Macquarie, calling in receiver KordaMentha at the weekend.

It remains unclear why Macquarie called time on the company, which runs the Warrawoona mine near Marble Bar and was working with SQM, one of the world’s largest lithium miners, to develop the Pirra lithium project in the Pilbara.

A KordaMentha spokeswoman confirmed the appointment of Richard Tucker and John Bumbak to manage the business, and said: “The receivers and managers are now in control of the operations and will immediately undertake an urgent assessment of the operations before launching a dual-track sale and recapitalisation process.”