CAPITAL MARKETS

Straits Resources to raise $8 million in debt reduction plan

BUOYED by a recent share price rally, Perth-based copper and coal miner Straits Resources has wasted little time in rattling the tin for $8 million in fresh equity.

Stephen Bell

Straits has also moved to restructure its borrowings - part of a plan to cut gearing levels and overturn market perceptions of the company as a debt-burdened under-performer. With investor interest filtering...

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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.

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