RioZim to Raise $40M for Nickel and Gold Expansion
RioZim (RTNR.ZI), a Zimbabwe mining group, has announced that they would raise a total of $40 million to renovate a nickel refinery and fund the expansion of its gold mining projects.
Paul Markham, RioZim operations director is quoted saying:
“We would want to have a senior partner … who would build and operate the station, we are not in the business of power.”
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Thu, May 27, 2010
Post by Mike Rodger, Nickel Reporter