EcoBank extends US$30 million loan facility to local miner

Source: New Zimbabwe · 2026-10-24T04:19:28.000Z · Business

NAMIB Minerals’ subsidiary, Bulawayo Mining Company (Private) Limited, has entered into a non-binding term sheet with Ecobank Zimbabwe Limited for a proposed non-dilutive $30 million loan facility. The funds are intended to support Redwing Mine’s resource-definition and bankability programme. A non-dilutive loan facility is a form of structured debt that enables companies to raise capital […] The post EcoBank extends US$30 million loan facility to local miner appeared first on NewZimbabwe.com .

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