Moody's: Metal prices recovering, cost cuts boost liquidity for EMEA's high yield miners in 2017
Announcement: Moody's: Metal prices recovering, cost cuts boost liquidity for EMEA's high yield miners in 2017. Global Credit Research- 30 Jun 2017. London, 30 June 2017-- A recovery in metal prices, deep cost cutting and stricter financial discipline have positively affected the balance sheets and cash flows of high-yield miners in Europe, the Middle East and Africa, in turn bolstering their liquidity levels in Q1 2017 versus last year, says Moody's Investors Service in a report...
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