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market news

Mwana Africa mulls equity fundraising

Investing News Network
Mar. 25, 2011 07:40AM PST
Base Metals Investing

IBTimes reports that Mwana Africa (LON:MWA) is considering an equity fundraising as one of the options to finance the restart of production at the Bindura Nickel Corporation’s (ZIM:BINDURA) Trojan mine.

IBTimes reports that Mwana Africa (LON:MWA) is considering an equity fundraising as one of the options to finance the restart of production at the Bindura Nickel Corporation’s (ZIM:BINDURA) Trojan mine.

The article is quoted as saying,

A plan to restart production at Trojan followed completion of a competent person’s report by SRK Consulting and signing of an off-take agreement with Glencore International to purchase all the concentrate produced by BNC.

For the complete article, click here.

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