Jacana Resources Tanzania

Fungoni Mineral Sands Tanzania - TL

Industry
Metals and Mining/Mineral sands-Heavy mineral
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Tanzania

Deal Overview

Australia-headquartered Strandline Resources has signed a $26 million project finance facility agreement, with Nedbank as underwriter, for the development of its Fungoni mineral sands project in Tanzania. The five-year facility will account for the majority of Fungoni’s total estimated capital...

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Deal Volume
$26m
Financial Close
06/04/2020
Dealmakers

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Tranches

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Project Deals

Fungoni Mineral Sands Tanzania
$35m
Greenfield
Mineral sands-Heavy mineral
Africa
Africa
Tanzania