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BRIEF-African Minerals says Chinese partner agrees to release further $6.7 mln funds
February 2, 2015 / 7:31 AM / 3 years ago

BRIEF-African Minerals says Chinese partner agrees to release further $6.7 mln funds

Feb 2 (Reuters) - African Minerals Ltd :

* AML and Shandong Iron And Steel Group (SISG), AML’s partner and 25 pct owner of project, have agreed release of a further $6.7 mln

* Cash has been applied to payment of January salaries and taxes due in Sierra Leone

* No certainty that further releases of funds will be agreed

* Also continues to evaluate potential funding solutions with other parties, including but not limited to a partial sale of AML’s stake in project Source text for Eikon: Further company coverage:

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