1. Market Report: Scandal-hit ENRC falls deeper into hole

    Market Report: Scandal-hit ENRC falls deeper into hole

    If it were possible for scandal-hit Kazakh mining outfit ENRC to lose more credibility – yesterday it did as another rating agency downgraded the group's credit rating further into junk territory.The company is being investigated on corruption allegations by the Serious Fraud Office across its Kazakh and African operations.

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