European Goldfields secures US$125 mln financing for Certej project in Romania

European Goldfields (TSX, AIM: EGU) has secured a US$125 million debt financing facility with a group of financial institutions, to part fund the development costs of the Certej project in the Apuseni Mountains of Transylvania in Western Romania.With funding in place, the company also announced the appointment of Alan Baker as project manager for the Certej gold-silver project in Romania. Baker has over 30 years of experience in the mining sector, and has managed on a number of ...

Developed by Codecraftsman