The winner of the 2018 Mining Indaba “investment battlefield” competition, Thor Explorations, has received approval from the Africa Finance Corporation for a US$78 million financing package for the construction and ramp-up of its 100 percent owned Segilola gold project in Nigeria.
Thor Explorations’ chief executive Segun Lawson pitched the project to a panel of judges at the competition on the sidelines of an annual Africa mining investment conference in Cape Town.
Capital Drilling Ltd (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets & gold mining. The company were awarded a five-year exploration and grade control contract at Thor Explorations‘ Segilola gold mine.