Strandline Resources
East Africa
Strandline Resources signs finance facility with Nedbank for Fungoni
Strandline Resources has signed a US$26 million project finance facility agreement with Nedbank CIB for its Fungoni heavy mineral sands project in Tanzania.
Exploration
Strandline raises $6.5 million for mineral sand projects
Funds will also be used to progress Strandline’s 100%-owned mineral sands projects in Tanzania, including the Fungoni and Tajiri projects.
East Africa
Strandline Resources committed to advancing Tanzanian project portfolio
Strandline Resources has received firm commitments for US$5.5 million to fund ongoing exploration and development of its project pipeline in Tanzania.
Top Stories
Strandline advances mineral sands asset in Tanzania
Strandline Resources takes another significant step towards becoming a minerals sands producer.
News
Capital raising to progress mineral sands development
Strandline received $3.0 million via a share placement to investors. Proceeds will be used to finalise funding for the Fungoni project in Tanzania.
Top Stories
Stronger mineral sands prices increase Fungoni’s value
Strandline Resources' updated DFS for Fungoni project shows increases in forecast project financial returns and reduced implementation risk.
Top Stories
Fungoni a step closer to production
Strandline Resources has taken another significant step towards bringing its first mineral sands project into production in Tanzania.
News
Strandline finalising funding and negotiations for Fungoni
Strandline Resources has secured a binding offtake agreement for rutile product that will be produced at its Fungoni mineral sands project.
News
Tanzania approves Fungoni development
Strandline Resources advised that the Tanzanian Ministry of Minerals Mining Commission has granted the Mining Licence for the company’s Fungoni project.
East Africa
Strandline Resources signs offtake for over 90% of Fungoni’s product
Strandline Resources has signed a binding sales contract for 100% of the ilmenite to be produced at the Fungoni minerals sands project in Tanzania.
