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. ....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results