The Botswana-focused miner would use the loan to buy new mobile crushing equipment, redesign its secondary and tertiary circuit, and fund short-term working capital requirements at its Mowana mine. The funds would also be used for further exploration at its Matsitama prospect in Botswana.An African copper company is ready for the purchase of Sanme mobile crushing plant.
CEO of African Copper and Interim Director Jordan Soko said that production has been with the company Mowana Mine negatively by the low plant availability of higher education through equipment failure or rain, the consistency of ore processed was affected and hindered the movement of materials are used in inventory. To mitigate the problems had orders placed with an owner African Copper for the temporary deployment of mobile crushing capacity in the bypass of the tertiary system. However, the supply of equipment was delayed due to financial problems faced by the owner. African Copper has subsequently decided to acquire the mobile crusher directly.
The company expects that the crusher supplied, installed and running in three weeks.
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