Brazil's Batista seeks to sell iron ore, coal, gold assets -source

RIO DE JANEIRO, June 25 Tue Jun 25, 2013 3:54pm EDT

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RIO DE JANEIRO, June 25 (Reuters) - Brazil's Eike Batista is seeking to sell his stakes in iron ore, coal and gold mining companies as he tries to raise cash to pay debt and finance investment in his EBX Group industrial conglomerate, a source linked to EBX told Reuters on Tuesday.

Batista is trying to sell all or part of his 27 percent stake in MMX Mineração e Metálicos SA, his 62 percent stake in CCX Carvão da Colombia SA and his AUX gold mining company, the source said.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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