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Sheffield Resources advised that it has mandated Taurus Mining Finance Fund and Taurus Mining Finance Annex Fund to provide a US$10 million bridging finance facility.
Lomon Billions Group announced the acquisition of a further 26.18% of the equity in Yunnan Metallurgical Xinli Titanium Industry Co., Ltd (Xinli) for RMB53.4 million (US$7.7 million) taking its total equity interest in Xinli to 94.28%.
Sheffield Resources advised that it has commenced an update to the BFS for its Thunderbird project. The updated BFS is expected to be finalised during early Q3 2019.
Kenmare Resources announced the results of the DFS for the relocation of its WCP B to the Pilivili ore zone at its Moma mine. The project has been approved by the board and has a total