CAPITAL MARKETS

Ashanti debt restructure increases takeover appeal

GHANAIAN miner Ashanti Goldfields has struck a deal that will ease its debt burden, but also incr...

Greg Tubby
Ashanti debt restructure increases takeover appeal

The company, which almost sunk in 1999 under the weight of its hedge book, said Friday it has agreed with bondholders owed US$219 million to swap US$54.6 million of debt into equity and to extend the maturity...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.