Search Results
Aricom Plc Needs $1 billion Funds To Expand and Development Iron Ore Mine Project
Anglo-Russian miner Aricom Plc needs $1 billion in external funds for an iron ore project to supply resource-hungry China, it said on Wednesday, sending its shares lower in a tough global environment for borrowers.
Shares of Aricom, a member of the UK’s FTSE 250 mid-range stocks index, pared losses to 8.8 percent by 1505 GMT after [...]
