Metals & Minerals News

Oriole to start 1,650m phase II drilling at Bibemi

Oriole Resources plc said its team was on site to start Phase 2 diamond drilling before the end of September at its 90%-owned Bibemi gold project in Cameroon. PROSPECTS The planned 1,650 metre programme will target a 1km strike length at the southern end of the Bakassi Zone 1 prospect. The company’s first drilling at the […]

Metals & Minerals News

Horizonte secures export credit agencies’ approval for Araguaia

Horizonte Minerals plc has received approval from two export credit agencies (ECAs) for US$146.2 million of the senior debt facility to help fund the construction and development of its ferronickel project in Araguaia, Brazil. TRANCHES The ECAs are EKF, Denmark’s Export Credit Agency and Finnvera plc, Finland’s Export Credit Agency. The senior debt facility comprises […]