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...

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