GOLD 1572.90 $/ozChange: 7.25
PLATINUM 1431.50 $/ozChange: 8.00
R/$ exchange 8.41Change: -0.01
R/€ exchange 10.53Change: 0.02
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
Send to Friend
 
 Address to refer: http://www.miningweekly.com/article/metorex-ringfences-ruashi-debt-2010-06-29
 Article Headline: Metorex ringfences Ruashi debt
 Abstract: JSE-listed Metorex has reduced the Ruashi project debt by a further $16-million to $84,9-million, the company reported on Tuesday. Metorex CEO Terence Goodlace said the voluntary prepayment was done to ringfence the Ruashi debt and to derisk the Metorex company balance sheet. The payment was funded from the recently completed capital raising through a claw back offer in which the company gained R586-million in March, which triggered a new Ruashi debt agreement.
 Your Name:
 Your e-mail:
 Your colleague's e-mail: - separate emails by commas, maximum limit of 4 addresses
 A personal note:
 

Please enter the letters you see in the image below
Verification Image. Please refresh the page if
                              you cannot see this
                              image.