PROJECT FINANCE

Tiger adds yet more debt to balance sheet

AILING copper miner Tiger Resources has added yet more debt to its balance sheet as it seeks to build a profitable business and potentially resume trading on the ASX before a delisting cut-off date of February 2020.

Tiger's SXEW plant at Kipoi in DRC's Katanga province

Tiger's SXEW plant at Kipoi in DRC's Katanga province

A US$30 million facility is being provided by QMetco, a firm which Tiger "understands … may be an associate of Taurus", with Taurus having, as of April, debt owed to it by the copper miner of an estimated...

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

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.