Australia’s Africa-focused miner Albidon Ltd said on Monday it had secured $60 million of senior debt financing from two major European banks for its flagship nickel project in Zambia.
“The European Investment Bank (EIB) and Barclays Capital have formally approved and signed a senior debt finance facility of up to US$60 million for the Munali Nickel [...]

Albidon Ltd listed on both AIM and the ASX in March 2004 with a view to developing its portfolio of nickel-platinum projects in Southern Africa. The ticker symbol is ALD on AIM and ALB on the ASX; market capitalisation is approximately £109 million or US$215 million. The company states that its strategy is threefold: to [...]