Junior miners will sell assets to raise funds in 2013: KPMG
Dec 11, 2012 | 02:29 PM
| Claire Hack
Tags
mining companies,
junior miners,
asset sales,
M&A,
mergers and acquisitions,
KPMG,
Rama Ayman,
claire hack
LONDON — Small mining companies will look at strategic divestitures of assets in an attempt to raise funds in 2013 and beyond, according to KPMG LLP partner and head of global metals and mining in corporate finance Rama Ayman.
Ayman, who was named to the position earlier this month, said that junior miners in particular will require "creative solutions" to secure the funding they need as traditional sources of financing dry up. ....
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