Munali Mine

2 news results for the search terms: Munali Mine.

Albidon says gets $60 mln for Zambia nickel mine

April 30th, 2007

…  Africa-focused miner Albidon Ltd said on Monday it had secured $60 million of senior debt …  debt finance facility of up to US$60 million for the Munali Nickel Project,” Albidon said in a statement. Albidon said the funds …  on construction, working capital and exploration at the Munali nickel mine. The debt would come on top of $25 million in funding …

Albidon progresses on nickel and zinc while partner company outlines uranium anomalies

February 10th, 2007

…  states that its strategy is threefold: to develop the Munali Nickel deposit in Zambia; to undertake exploration in …  Arrangers in providing finance of up to US$60 million for Munali. This will provide the remaining necessary capital for the development …  a mining engineer with 37 years’ experience in the minerals industry including South Africa and Zambia and with Rio Tinto, …