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Billion-dollar raising by copper, zinc miner MMG

Reduction of debt the planned use of new funding

Michael Quinn
Dugald River. Credit: MMG

Dugald River. Credit: MMG

Backed by Citi, Macquarie and BofA Securities, multinational Chinese miner MMG is aiming to raise circa US$1.16 billion in an underwritten rights issue to pay down debt. The Hong Kong-listed base metals...

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