LIQUIDITY ALERT: Mechel OAO Has US$3.59 Billion Current Deficit

Mechel OAO and its subsidiaries recorded a working capital deficiency of US$3.596 billion as of Dec. 31, 2008. The decrease in working capital was primarily due to an increase in…

LIQUIDITY ALERT: Gryphon Gold Has US$4.2 Million Current Deficit

Gryphon Gold Corporation reported that as of March 31, 2009, it had a working capital deficit of US$4,281,691 and, excluding its note payable, the Company had positive working capital of…

LIQUIDITY ALERT: AngloGold Ashanti’s Current Deficit Down by 70%

AngloGold Ashanti Limited reported a 70% drop in its working capital deficit, from US$1.682 billion at Dec. 31, 2007 to US$498 million at Dec. 31, 2008.

The Company had US$2.947 billion…