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Lotus gets $53 million boost for Kayelekera
Summary by Times Malawi
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Lotus gets $53 million boost for Kayelekera
By Mcloyd Chilangiza: Lotus Resources Limited, managers of Kayelekera Uranium Mine in Karonga District, has raised about $53 million more in capital as it eyes steady-state uranium production at its Kayelekera mine by the second quarter of this year. In a statement released last week, the Australia Stock Exchange-listed mining company said the money was raised from investors through a share sale. Under the share sale, Lotus issued about 35.4 mil…
·Malawi
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