RUXX Index: Mechel Stands to Lose Mining Licenses, Sees Cost of Debt Rise |
| April 19, 2012 | April 2012 Bond Updates |
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NEW YORK, April 18, 2012 /PRNewswire/ -- Russian steel and mining giant Mechel may lose three coal mining licenses at Yakutugol, its core mining subsidiary, over license violations. This news creates a significant downside risk for the stock.
A recent inspection by... |
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