After a massive contribution from AFC, Thor welcomes Oliver Andrews to its board and launches its gold mine in Nigeria ($98m)
The closing of the financing for the Segilola project has been secured thanks to the pan-African finance institution’s contribution of over 85% of the total funding needed for the country’s first commercial gold mining operation. China’s Norinco, which also took part in the financing, is launching construction amid the Covid-19 crisis.
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▪ After a massive contribution from AFC, Thor welcomes Oliver Andrews to its board and launches its gold mine in Nigeria ($98m)
▪ The closing of the financing for the Segilola project has been secured thanks to the pan-African finance institution’s contribution of over 85% of the total funding needed for the country’s first commercial gold mining operation. China’s Norinco, which also took part in the financing, is launching construction amid the Covid-19 crisis.
▪ https://www.africabusinessplus.com/en/804102/apres-un-apport-massif-de-lafc-thor-accueille-oliver-andrews-au-board-et-lance-sa-mine-dor-au-nigeria-98-millions-usd/
With AFC leading the pack in terms of financing, mining junior Thor Explorations Ltd, headed by British-Nigerian businessman Segun Lawson, has gathered the funds necessary for the launch of its Segilola gold project in Nigeria.
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