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Bemax to raise $US175m

MINERAL sands producer Bemax Resources will look to raise $US175 million ($A208 million) in debt through an offering of 9.375% senior notes to institutional investors globally.

MiningNews.Net
Bemax to raise $US175m

The company said the offering of notes, which are due in 2014, had been well received. The proceeds would be used to repay debt and for general corporate purposes including $A150 million for the construction...

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