Mining Indaba '17: Trader offtakes a key source of financing for miners
By IM Staff
Published: Monday, 13 February 2017
Financing from banks has failed to return to the mining sector since the recession leaving offtake agreements as a key source of revenue to junior minors, delegates heard at 2017 Mining Indaba in Cape Town last week.
Trading houses can offer miners a key source of revenue that
is mutually beneficial in an environment where traditional
routes of project funding remain scarce for miners and traders
are in need...