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AfriTin gets $6 million Namibian loan

London-listed AfriTin has struck a deal with the Development Bank of Namibia for a NAD100 million (US$6 million) loan to go towards its Uis Phase 1 continuous improvement project.

 Uis tin mine in Namibia, once the largest tin mine globally

Uis tin mine in Namibia, once the largest tin mine globally

The proposed lending facility is to be used to "compliment the expansion project" that is already in progress, AfriTin said. The expansion project is to increase plant throughput from 840,000 tonnes...

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