Ivanhoe Mines arranges $370 million private placement
The proposed financing will see Ivanhoe offer approximately 41.66 million Class A common shares for sale at C$12.00 each.
After a gravity-defying run, nickel has now also succumbed to weakness in the industrial metals complex as global trade fears mount, declining to $14,125 per tonne on Monday. The metal, mainly used in stainless steel manufacture, is down 10% or...
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