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Mincor at risk of defaulting on its debt

MINCOR Resources has urged shareholders to accept Wyloo Resources’ A$1.40 per share takeover offer as it provided an update on its operations and finances.

Kristie Batten
Mincor at risk of defaulting on its debt

Wyloo has reached an interest of 72.7% of Mincor and has extended its on-market offer for a final time to July 5. Mincor said the ramp-up of its Kambalda nickel operations was progressing well with...

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