DataRoom AM: Gina cleans up

Roy Hill looks to have secured another round of finance, while the market holds its breath ahead of Qantas' update.

The Gina Rinehart-backed Roy Hill iron ore project is edging closer to becoming a reality, with billions in financing likely to be sewn up next month with a consortium of banks.

Elsewhere, the rumours flow ahead of Qantas Airways’ strategy update today, Westfield Corporation tilts toward a US listing and the Papua New Guinea government sizes up Oil Search.

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