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Pasminco shrugs off ratings downgrade

PASMINCO shrugged off a credit downgrade by Standard & Poor's today, finishing up more than 4% at...

Greg Tubby

S&P cut the zinc miner and refiner's long-term rating two notches to BB-minus, placing it three notches below investment grade, as the zinc price sunk to eight-year lows. The rating agency kept the...

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