Nedbank

4 results

Dermot Desmond: the businessman has been an investor in Canadian diamond mining for more than two decades. Photograph: Cyril Byrne
Dermot Desmond-backed diamond miner gets waiver from bank covenants

Mountain Province Diamonds, the listed Canadian miner whose major shareholder is Dermot Desmond, has struck a deal with its lenders to ease rules atta(...)

Kenmare Resources managing director Michael Carvill. The mining firm has planned to increased production volumes by more than 20 per cent from 2021. Photograph: Bryan O’Brien
Kenmare Resources agrees new debt facilities to support growth

Dublin and London-listed mining firm Kenmare Resources said it had agreed negotiated new debt facilities with lenders that will support the growth of (...)

Photograph: Reuters
Old Mutual unit Quilter gains on trading debut

Wealth manager Quilter rose on its first day of trading in London and Johannesburg after being spun out of Old Mutual. The break-up of 173-year-old (...)

Brian O’Cathain, Petroceltic CEO. With the company now facing a collapse in energy prices and locked in a feud with an ex- Deutsche Bank trader-turned-activist shareholder, it’s understood that HSBC has sold its loans at about 30 per cent of face value. (Photograph: Dara Mac Donaill / The Irish Times)
HSBC said to take loss on Petroceltic loans as oil pain spreads

HSBC is discovering the oil crash extends far beyond the deserts of the Gulf, the plains of west Texas and the shale fields of North Dakota. Even a s(...)