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25 Jan
11:28

Giyani to progress Botswana manganese project to FID

Canada-based Giyani Metals has secured $10 million in funding to advance its $284m K.Hill manganese project in Botswana to a final investment decision (FID), Kallanish reports. The funding from private equity fund ARCH Sustainable Resources Fund satisfies a key condition to the drawdown of a $16m convertible loan facility the company secured from the Industrial Development Corporation of South Africa (IDC) last December. The combined $26m funding package will help…
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