Namib Minerals Secures US$6.5 Million Term Loan Facility to Partially Fund Resource Definition and Bankability
Namib Minerals (Nasdaq: NAMM) announced a new $6.5 million non-dilutive term loan facility from African Banking Corporation of Zimbabwe to partially fund the next phase of development at its Redwing Mine. The funds will be used for resource definition drilling and advancing the Definitive Feasibility Study (DFS) toward full bankability, supporting …