Mwana close to finance deal on Zimbabwe mine
October 13, 2009 by goldguru · Leave a Comment
Miner Mwana Africa Plc is close to a landmark deal to finance the second phase of its Freda Rebecca gold mine in Zimbabwe, which could set the stage for the revival of a nearby nickel operation, the firm’s chief executive said.
London-listed Mwana is holding discussions with development banks about a loan to allow output to double at Freda, which reopened this month, Kalaa Mpinga told Reuters.
