Newfield Resources has retired approximately $40 million worth of corporate bond debt and roughly $2.1m of associated accrued interest for its Tongo diamond mine in Eastern Sierra Leone. Additionally, the company raised $12.5 million through a capital raise with the combined exercise significantly strengthening its balance sheet and reducing long-term bond debt to zero.
24/12/2021 - 13:22
Newfield substantially strengthens balance sheet
By Matt Birney
24/12/2021 - 13:22
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Newfield ResourcesClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 185th Newfield Resources $527k 206th Energy Transition Minerals $372k 207th Cazaly Resources $364k 209th Po Valley Energy $345k 211th Killi Resources $339k 604 listed resources wa companies ranked by revenue.
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Payday for Newfield with inaugural diamond sale
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