Glencore providing $80M for zinc-lead project

Mar 15, 2013 | 12:25 PM | Felix Njini

Tags  Glencore International, Perkoa, Blackthorn Resources, zinc, lead, silver, Scott Lowe, Burkina Faso Mumbwa

WINDHOEK, Namibia — Glencore International Plc will provide $80 million in additional financing to meet working capital, construction and commissioning costs for the Perkoa zinc, lead and silver project in Burkina Faso.

Glencore’s Perkoa joint-venture partner, Australian Stock Exchange-listed Blackthorn Resources Ltd., said the additional financing will cover working capital and additional capital requirements during 2013. ....

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