Tuesday March 16, 11:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources
The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.
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Wednesday March 17, 03:46Access Pharmaceuticals’ Cobalamin oral platform could offer new way to administer insulin
This morning, Access Pharma reported that two independent animal studies confirmed earlier findings that Cobalamin offers significant bioavailability of orally delivered insulin
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Monday March 15, 08:01China's growth boosting commodity prices
The latest economic figures from China have put pressure on the
dollar and boosted a number of high-yielding currencies, including the
Australian dollar and the South African rand.
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Babcock & Brown is a leading global alternative asset manager specialising in the origination and management of asset in sectors where Babcock & Brown has a leading franchise and proven track record, and where there are opportunities to add scale: Infrastructure, Air Operating Leasing and selected Real Estate.
Babcock & Brown extra funding likely at 11th hour
Investment bank Babcock & Brown (ASX:BNB) may have been given a funding lifeline with reports that its banking syndicate has finally agreed to extend temporary support with an additional A$250 million in funding.
The extra funding package by the Australian banks was initially opposed by German banks. However, after another long discussion the Germans have now agreed and are expected to sign the supporting documents tonight.
It is understood that the deal involves Babcock & Brown needing to sell down assets including some European assets and that even with the funding facility, cash reserves may need to be supported by other means.
Babcock & Brown has been suspended pending finalisation of a funding package.
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