Andiamo Exploration raising funds to explore Eritrea licences

Private UK-based junior miner Andiamo Exploration is seeking to raise $2-million to undertake exploration at its licences, in Eritrea, and continue the development of its mines. Speaking at the Junior Mining Indaba, in Johannesburg, CEO Tim Williams on Thursday said the company, in which mineral exploration company Ortac Resources holds an 18.5% stake, was currently exploring the Haykota volcanogenic massive sulphide licence, which covered 271 km2.