Tuesday 18 August 2015

Otmane El Rhazi : Brockman warns of massive impairments

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

ASX-listed Brockman Mining on Tuesday warned of an asset impairment of some HK$1.26-billion for the year ended June, owing to the falling prices of iron-ore. The impairment charged related to both the company’s Western Australian iron-ore assets, as well as its mining right in China

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