CAPITAL MARKETS

March for Rapu Rapu

LAFAYETTE Mining now expects to start re-commissioning of its Rapu Rapu polymetallic project in mid-March, with the delays impacting the company’s working capital position and leading it into discussions about re-structuring its existing commitments and facilities.

Michael Quinn
March for Rapu Rapu

Backers who provided $US35 million of debt for the $US43 million project have included Rothshchild, ANZ and ABN Amro Korea First Bank and Investec Bank of South Africa. Equity and sub debt worth $US10...

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