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Nedbank confirms Tanzania mine support

Nedbank has signed on to underwrite the US$26 million debt funding requirement for Strandline Resources’ Fungoni mineral sands project in Tanzania following an extensive six-month due diligence process.

Nedbank confirms Tanzania mine support Nedbank confirms Tanzania mine support Nedbank confirms Tanzania mine support Nedbank confirms Tanzania mine support Nedbank confirms Tanzania mine support

Construction set to get underway at Fungoni in Tanzania

The term sheet for the five-year credit facility will meet a considerable amount of the project's capital requirements now estimated at $35 million, with Strandline describing the terms as

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