IN BRIEF: AfriTin subsidiary signs for GBP5.5 million lending facility
5th Jul 2022 13:28
AfriTin Mining Ltd - technology metals mining company focused on Namibia - Enters, through its majority-owned subsidiary Uis Tin Mining Pty Ltd, into a conditional term sheet for a lending facility. The GBP5.5 million senior secured lending facility will be used to fund the Uis Phase 1 stage II continuous improvement project, which aims to increase plant throughput to 1 million tonnes per year from 840,000 tonnes per year. Company adds that the phase one expansion commissioning remains on track to complete in the third quarter of 2022. Read More