STOCK WATCH

WEATHERLY International has been forced to push back its loan payments as it struggles to generate enough cash to meet its commitments.

As part of the deal, the copper miner must also run any spending plans outside of its agreed budget with creditor Orion Mine Finance.

Weatherly first ran into trouble in 2015 when it warned it would be unable to meet its loan payments if copper prices remained low.

Shares dived 34pc, or 0.4p, to 0.82p yesterday.