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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