International news within the industry of mining and metal, Nov, 24 2017
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United Company RUSAL plans to raise $75.81m

A second tranche of Panda bonds

Photo: Rusal
Photo: Rusal
Published by
Peter Höök - 08 Sep 2017

United Company RUSAL plans to raise $75.81m through a second tranche of Panda bonds. The bonds will have a coupon rate of 5.5% a year and a tenor of at least two years.

United Company RUSAL (Russian: ОК РУСАЛ, /OK RUSAL/) is the world's second largest aluminium company by primary production output (as of 2016) It was the largest until overtaken by China Hongqiao Group in 2015. UC RUSAL accounts for almost 9% of the world's primary aluminium output and 9% of the world's alumina production.

The company has engaged China International Capital Corporation as the arranger and underwriter for the offering.

Hazelton samples. Hazelton -formally Price Creek-, Jaxons flagship project, spans 44,482 ha and is prospective for Eskay Creek and Equity Silver style mineralization. Widespread soil anomalies and surface showings up to 3,397 g-t Ag, 12.7 g-t Au, and 22.29% Zn have been found on this advanced exploration project and a number of features suggest that the property has considerable potential.  Photo: Jaxons Inc.
Hazelton samples. Hazelton -formally Price Creek-, Jaxons flagship project, spans 44,482 ha and is prospective for Eskay Creek and Equity Silver style mineralization. Widespread soil anomalies and surface showings up to 3,397 g-t Ag, 12.7 g-t Au, and 22.29% Zn have been found on this advanced exploration project and a number of features suggest that the property has considerable potential. Photo: Jaxons Inc.

Jaxon starts to drill at Hazelton in Canada

"13 drill holes"

Jaxon Inc. is pleased to announce that it will be commencing its Phase 1, 2,000-metre diamond drilli...