Talvivaara in “Advanced Talks” to Avoid Bankruptcy

Reuters reported that after suffering a number of production disruptions, Finland’s Talvivaara Mining Company plc (LSE:TALV) is in “advanced talks” to gain financing and avoid going bankrupt.

As quoted in the market news:

Talvivaara also reported a third-quarter operating loss of 29.2 million euros versus a loss of 12.1 million a year earlier.

Analysts polled by Reuters on average had expected a loss of 26.3 million euros.

Click here to read the full Reuters report.