MINING FINANCE
Aim-listed miner Vast Resources is exploring a number of potential nondilutionary financing options for its Romanian assets and said on Friday that it was in discussions with metal traders and debt providers to finance the new metallurgical complex planned for its Manaila polymetallic mine. Interest in providing medium-term funding for its Sinarom Mining Group subsidiary has been sparked by positive drilling results at the Carlibaba deposit, adjacent to the Manaila mine, coupled with the 2018 offtake bidding process for concentrate.
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