Andrada subsidiary enters into N$175m financing deal with Namibian lender

African technology metals mining company Andrada Mining reports that its Uis Tin Mining Company (UTMC) subsidiary has entered into a conditional credit-approved N$175-million funding agreement with Bank Windhoek Limited (WBL). As part of the agreement, UTMC has agreed a conditional term sheet for a N$100-million loan, as well as agreed headline terms for short-term loan facilities of N$15-million.