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Orion satisfies key condition for drawdown of funding for South African projects

Dual-listed Orion Minerals highlights that it has taken another important step in advancing the multi-pronged funding strategy for its flagship base metals project, in the Northern Cape of South Africa, after repaying a legacy loan facility. The company has satisfied one of the key conditions precedent to draw down both the R250-million Industrial Development Corporation of South Africa (IDC) convertible loan facility and the A$10-million Triple Flag Precious Metals early funding arrangement, th...
Northern Cape South Africa United States Mining Fund Orion Minerals Adelphi Group

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