20
Apr
09:54
Pacific Nickel, Glencore execute Kolosori nickel project financing
Australian miner Pacific Nickel Mines confirms that formal loan documentation and an amended sales agreement have now been signed with Glencore International AG (Glencore) in respect of a loan facility of up to $22 million for the Kolosori nickel project in Solomon Islands.
The funds raised through these arrangements with Glencore are expected to be sufficient to meet the pre-production funding requirements of the project, Kallanish notes.
“Th…
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