Aim-listed AfriTin’s subsidiary, AfriTin Mining Namibia, has entered into a N$35-million working capital facility and an N$8-million value-added tax facility with Nedbank Namibia. AfriTin CEO Anthony Viljoen on Friday said that the funding would enable the technical team to focus on a successful ramp-up to achieve the design capacity of the Phase 1 pilot plant at the Uis tine mine, in Namibia, as the company transitions into cash flow.
