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    Talvivaara in “Advanced Talks” to Avoid Bankruptcy

    Charlotte McLeod
    Nov. 07, 2013 10:45AM PST
    Base Metals Investing

    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.

    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.

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