| 14.10.2009 - Kazakhmys climbs after asset sale and loan talks |
| From Guardian: The copper producer Kazakhmys has sold a 25% stake in Ekibastuz GRES-1, the largest power plant in Kazakhstan to government owned sovereign wealth fund Samruk-Kazyna for $339m in cash. The money will be used to repay debt. Meanwhile it has also announced it is in discussions with Samruk-Kazyna and the China Development Bank about a $2bn loan facility.......................Full Article: Source |