Category: Mining

Miner posts deficit of $129.7 million in first half.
Any money assets yield will go toward repaying creditors.
Seller hopes to finalize deal by year’s end.
Company sale “advancing,” says Anglo American.
High-quality emerald production offset weak grades at ruby mine.
Gareth Penny-led consortium would pay $750 million up front, Bloomberg says.
Sales value down 24% in fourth quarter and flat for full year.
Increase in first-half average price offsets decline in volume.

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