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    copper investing

    Kazakhmys Secures $1.5 bln China Copper Loan

    Investing News Network
    Jun. 13, 2011 11:33AM PST
    Base Metals Investing

    Reuters reports that on Monday, Kazakhmys (ETR:KQ1) secured a $1.5 billion loan from China.

    Reuters reports that on Monday, Kazakhmys (ETR:KQ1) secured a $1.5 billion loan from China.

    The market news is quoted as saying:

    Kazakhmys expects to conclude the full loan agreement with state-run China Development Bank this year, allowing it to develop its Aktogay field in Kazakhstan without selling a stake in the deposit to China’s Jinchuan Group Ltd.

    Click here to access the entire news

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