Monday May 18, 2015: Gindalbie Metals (GBG) has placed its shares in a trading halt pending "an announcement regarding a long-term financing transaction".
While this description could relate to any number of things, the speculation is bound to focus on the implications for Gindalbie's stake in the struggling Karara iron ore project in WA.
Gindalbie's partner at Karara, China's An Steel, has long been providing a financial lifeline to the project, which has suffered from a range of technical...
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