ENRC braces for ‘significant’ write-downs on four assets

Feb 28, 2013 | 11:27 AM | Janie Davies

Tags  ENRC, write-downs, copper, cobaly, aluminum, Chambishi, Boss Mining, Aluminium of Kazakhstan aluminum

LONDON — Eurasian Natural Resources Corp. (ENRC) may be affected by "significant" write-downs related to four of its assets.

The miner said it expects to recognize non-cash impairment charges primarily for copper and cobalt producers Boss Mining and Chambishi in the Democratic Republic of Congo, Northam Platinum Ltd. in South Africa and Aluminium of Kazakhstan. ....





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