Wolf and GRES end dispute

Wolf Minerals has ended a contractor dispute by handing back a ?7.5 million (US$10.5 million) performance bond to an EPC firm it said had failed to fix a noise problem in its Hemerdon processing plant.

"Good thing we had that bond"

But, in a happy coincidence, the estimated cost of fixing the problem is the same as the performance bond, and Wolf says fellow ASX company GR Engineering Services has agreed to cover it.