Monday 16 March 2015

Otmane El Rhazi : KBL repays Carpi debt

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



ASX-listed KBL Mining has received the first payment $13.6-million of a $23-million metals offtake agreement signed earlier this month with US-based Quintana Minerals Corporation. The payment has enabled KBL to repay the A$12.6-million owed to Capri Trading, which recalled the debt earlier this month.

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