Strandline Resources

Strandline Resources

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.
Buckreef tanzania

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.
Buckreef tanzania

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.
Strandline

Strandline advances mineral sands asset in Tanzania

Strandline Resources takes another significant step towards becoming a minerals sands producer.
Strandline

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.
Strandline

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.
Strandline Resources

Fungoni a step closer to production

Strandline Resources has taken another significant step towards bringing its first mineral sands project into production in Tanzania.
Strandline Resources

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.
Buckreef tanzania

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.
Strandline Resources

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.

Latest Feature