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Minbos Advances Cabinda Project with US$4.8M First Loan Drawdown
9:18am on Wednesday 27th of May, 2026 AEST
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Mining
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Minbos Advances Cabinda Project with US$4.8M First Loan Drawdown
9:18am on Wednesday 27th of May, 2026 AEST
Key Points
Final security agreement signed with IDC in Luanda
First drawdown request for US$4.8 million submitted
Phase 1 civil works completed; Phase 2 contract near finalisation
Additional US$5.48 million loan secured from Banco de Fomento Angola
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