Ravenswood Gold announces $1.4 billion refinancing of Queensland’s largest mine

Queensland’s largest gold mine has escaped financial crisis by meeting its self-imposed refinancing deadline, although one expert warns a close watch should be kept on the project. Ravenswood Gold has secured a $1.4 billion refinancing deal to help pay off debts incurred through expansions and outdated hedge book prices. The Ravenswood Gold Mine is about…

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WMO warns rapid development of El Nino during July-Sept; government reviews the situation of rainfall deficit | India News

Govt reviews the situation of rainfall deficit and potential drought conditions in certain parts of India NEW DELHI: There doesn’t appear to be any respite from the El Nino over monsoon, with the World Meteorological Organisation’s (WMO) latest update on Friday indicating a “rapid development” of this climatic phenomenon during July-Sept, increasing the likelihood of…

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