Coal on the Block as EBX Faces Cash Shortage

Aug 16, 2013

CCX Carvao da Colombia is negotiations to sell its Canaverales and Papayal projects, the Eike Batista-controlled company says. The news came late Wednesday after the announcement of Batista’s sale of control of LLX to...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management