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29 Jul
06:01

Alliance Nickel secures $2.6m loan for NiWest DFS

Australian miner Alliance Nickel has secured an AUD 4 million ($2.62m) loan facility to complete the NiWest nickel-cobalt project (NiWest) definitive feasibility study (DFS), final metallurgical testwork and for working capital, Kallanish notes. The firm says in a statement that its long-term major shareholder Zeta Resources has provided the company the unsecured loan. “This unsecured bridging loan provides us with competitive financing to allow the company…
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