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Colossus tries to stay afloat with creditor protection

Ana Komnenic | January 15, 2014 | 12:28 am Base Metals Precious Metals Europe Latin America Gold Palladium Platinum 

Cash-starved and in debt, Colossus Minerals is hoping to stay afloat with creditor protection after it failed to make an interest payment due at the end of 2013. With creditor protection and court-supervision, the company will pursue a sale process...

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