02
Apr
11:17
Genmin completes Baniaka iron ore fundraising
Australian-listed emerging African iron ore producer Genmin Limited has completed an AUD 23.4 million ($15.22) fundraising, which commenced on 7 February, and has become debt-free. The company raised approximately AUD 13.2m in cash after agent fees, loan repayments and other creditor offsets, Kallanish notes.
According to a stock exchange filing, the company is turning its full attention to project construction financing and then building the Baniaka iron ore proj…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous