In the wake of Nathan River Resources entering into voluntary administration, creditors have criticised the NT government for its lack of oversight of the struggling company. ASIC documents show the mining company owes more than $360 million.

Iron ore mining company Nathan River Resources has gone into voluntary administration owing at least $300 million in debt, unpaid wages and royalties.

Nathan River Resources went into administration and owes about $360 million to creditors including the NT government and traditional owners.

In the wake of Nathan River Resources entering into voluntary administration, creditors have criticised the NT government for its lack of oversight of the struggling company. ASIC…