Aspiring silver and base metals producer Adriatic Metals has formalised the financing of its Vares silver project, bedding down US$142.5 million of debt finance and putting it in a strong position to be Europe’s next miner.

Adriatic originally announced the US$142.5m debt financing package deal with Orion Resource Partners in October 2021 which involved US$120m in senior secured debt and a…

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