Cardinal receives interest for Namdini gold project financing

In:

Metals and Mining

Region:

Middle East & Africa, Asia-Pacific

West African gold‐focused Cardinal Resources has received a number of term sheets from banks and financiers for project financing of its Namdini Gold Project in Ghana.The feasibility study into the project ascribed a post-tax net present value of $590 million and an IRR of 33.2% for the project...

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