Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Despite implementing a number of contract renegotiations, iron-ore miner Northern Iron on Thursday told shareholders that more work would be required to secure the company’s financial future. The company in January warned that more funding would be required if Northern Iron was to continue as a going concern, as the declining iron-ore price negatively affected its working capital position.
Despite implementing a number of contract renegotiations, iron-ore miner Northern Iron on Thursday told shareholders that more work would be required to secure the company’s financial future. The company in January warned that more funding would be required if Northern Iron was to continue as a going concern, as the declining iron-ore price negatively affected its working capital position.
No comments:
Post a Comment