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Anaconda buy-out hits new snag

ANACONDA Nickel's recapitalisation efforts have suffered a slight setback after some of the bondholders owed US$190 million expressed disagreement with a collective decision earlier this month not to provide funding to pursue claims against Fluor Corp, the engineering firm that designed and built the Murrin Murrin plant.

Michael Quinn
Anaconda buy-out hits new snag

However, Anaconda company secretary John Quayle told MiningNews.net the latest development would likely have no tangible effect on the recapitalisation, other than delaying by a couple of days the lodgement...

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