[miningmx.com] – WESIZWE Platinum has secured $650m in loan finance from the China Development Bank following a year-long delay related to outstanding conditions, said BDLive.
The Bakubung mine was originally planned in 2008-09 to produce 350,000 ounces of platinum group metals annually at a cost of R12bn. Full production was expected to be reached by 2021 and the mine has an estimated economic life of 35 years, said BDLive.
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