Sandawana in talks to raise US$220 million

SANDAWANA Mine (Sandawana) says it is holding talks with potential partners to raise about US$220 million to start further beneficiation of spodumene concentrate. Sandawana was previously one of the world’s largest emerald mines, but closed years ago after production fell and markets dried up. Kuvimba Mining House (KMH) now intends to restart the mine as…

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