De Beers, the dominant name in rough diamond mining, received substantial interest-free shareholder loans, and recently announced a USD 1bn rights issue, mainly a debt-for-equity swap, with its three shareholders. Anglo Platinum, No 1 in platinum-group-metals, received substantial loans from 80% parent Anglo American, and recently announced a USD 1.6bn rights issue, also mainly a debt-for-equity swap, to clean up a damaged balance sheet.
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