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Namib Minerals secures $6.5 million loan for Redwing Mine development

Verifying
  • Namib Minerals secured a new term loan facility with BancABC for Redwing Mine development.
  • $6.5 million was arranged without dilution to existing Namib Minerals shareholders.
  • Redwing’s dewatering was completed Sept. 21, while its DFS technical program remains underway.
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