Latest Headlines
RESOURCE STOCKS
✕
PROJECT FINANCE

Debt stalking Tiger after shocking copper quarter

TIGER Resources has revealed a very poor March quarter operationally while securing US$13.2 million of interim funding support that’ll allow it “to pursue initiatives designed to improve operational and financial performance” of its Kipoi copper production business in Democratic Republic of Congo.

Michael Quinn
To keep on trucking in the DRC Tiger needs to dramatically improve its operational performance and deal with more than US$225 million of debt

To keep on trucking in the DRC Tiger needs to dramatically improve its operational performance and deal with more than US$225 million of debt

The funding from Taurus Mining Finance comes as the company attempts to restructure its current debt, which as of March 31, stood at $225.5 million. It also comes holding cash at the end of March of...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
ESG

St Ives contractor becomes WA's first mine fatality of 2024

2
MINERS

Another Kalgoorlie capex blowout for Lynas

3
BULKS

'Cracking effort' as Fortescue recovers from derailment with new record

4
MINERS

Northern Star puts kibosh on M&A pressure

RESEARCH

lock Premium subscribers only

View more

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.

editions

MiningNews.net Research Report 2024

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

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login