04
Aug
03:57
Pacific Nickel receives Glencore funds for Kolosori
Australian miner Pacific Nickel Mines has received the final $19 million from Glencore International AG (Glencore) under a $22m loan facility for the Kolosori nickel project located on Isabel Island in the Solomon Islands, Kallanish notes.
Pacific Nickel says in a statement that the company anticipates that the total Glencore facility of $22m will be sufficient to meet the pre-production funding and working capital requirements of the project.
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