04
Aug
03:58
Pacific Nickel receives $19m from Glencore for Kolosori
Pacific Nickel Mines has received the final $19 million from Glencore International AG (Glencore) under a $22m loan facility for the Kolosori nickel project on Isabel Island in the Solomon Islands, Kallanish learns.
The Australian miner says in a statement it anticipates that the total Glencore facility of $22m will be sufficient to meet the pre-production funding and working capital requirements of the project.
“Pacific Nickel has now received the f…
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