PROJECT FINANCE

Altamin gets private equity backing for Italian zinc development 

WHILE takeover target Altamin battles a hostile approach from Victor Smorgon Group, it has also been negotiating a new joint venture it hopes will enable resurrection of its flagship Gorno zinc project in Italy.

Altamin has been in Italy since 2014

Altamin has been in Italy since 2014

London-based specialist mining private equity fund Appian is offering to spend up to A$94 million on the redevelopment of the Gorno mine in Italy in return for a 67.4% interest.   The US$65 million,...

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