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European woes

The European Central Bank (ECB) reduced its main interest rate last week by 25 basis points to 0.50%,...

Europe/Middle East

10 MAY 2013

Loading up with debt

With subtle changes, history has a way of repeating itself, which, in the case of mining, could have...

Australia

02 NOVEMBER 2012

Hudbay shelves US$400m bond offering

METALS producer Hudbay Minerals Inc said it was forced to shelve a US$400 million bond offering due to...

Capital markets

25 MAY 2012

Paladin bond issue

Paladin Energy Ltd said it raised US$274 million via a convertible bond issue that will be used mainly...

Capital markets

27 APRIL 2012

Mechel seeks debt relief, issues bonds

Iron ore and coal producer OAO Mechel said it would sell bonds worth a total Rb15 billion (US$508 million),...

Europe/Middle East

05 APRIL 2012

Barrick Gold prices US$2.0Bn in debt

Barrick Gold Corp said it has priced US$2.0 billion in debt securities that will be used partly to repay...

North America

30 MARCH 2012

'Wall of debt' warning

In its latest report on the future state of the mining industry, Ernst & Young has warned that mining...

Africa

29 OCTOBER 2009

DRC closer to IMF loan after adjusting China deal

The International Monetary Fund said the Democratic Republic of Congo is closer to being eligible for...

Africa

19 AUGUST 2009

Zambia Copper says African Copper deal nearer completion

Mining investment company Zambia Copper Investments Ltd said on Tuesday its US$22.5 million financing...

Africa

12 MAY 2009

Minerals gets new debt extension to June 30

OZ Minerals Ltd, set to sell most of its assets to Chinese state-owned Minmetals, said on Friday it has...

Australia

01 MAY 2009

ArcelorMittal launches convertible, repeats weak Q1

ArcelorMittal, the world's largest steelmaker, launched a convertible bond on Tuesday that could raise...

Europe/Middle East

24 MARCH 2009

Rio Tinto unveils debt recovery plan

Rio Tinto revealed on Wednesday it would axe 14,000 jobs, cut capital spending by more than half and...

Africa

11 DECEMBER 2008