IN BRIEF: Kropz says Elandsfontein gets ZAR250 million loan facility
Kropz PLC - South Africa-focused phosphate producer and developer - Says Kropz Elandsfontein (Pty) Ltd and The ARC Fund have agreed to a ZAR250 million, around USD13.2 million, loan facility to meet immediate and additional near-term funding requirements at Elandsfontein. The facility will be used to progresses commercial sales, and also to meet Elandsfontein's interest and capital payment obligations to BNP Paribas SA.
Read more