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Reuters: Oz Minerals gets bank lifeline as assets go on block

Started by chris, December 30, 2008, 05:59:49 AM

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chris

Oz Minerals gets bank lifeline as assets go on block
      


SYDNEY (Reuters) - Oz Minerals, which mines industrial and precious metals in Australia and Laos, was given another two months to persuade lenders to refinance $560 million in debt as it tries to raise cash by selling assets to combat sharp falls in metals prices.<div class="feedflare">
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