'Mates' rates' sees Nickel Mines dump Sprott

INDONESIA nickel producer Nickel Mines has canned a funding package offered by Sprott in favour of a US$80 million facility from Chinese firm Decent Investment International, an associate of the company’s operating partner in Central Sulawesi, Shanghai Decent Investment.

'Mates' rates' sees Nickel Mines dump Sprott 'Mates' rates' sees Nickel Mines dump Sprott 'Mates' rates' sees Nickel Mines dump Sprott 'Mates' rates' sees Nickel Mines dump Sprott 'Mates' rates' sees Nickel Mines dump Sprott

Shipping infrastructure at Morowali

The new facility features a lower interest rate than was on offer from Sprott, as well as no upfront fees, and no equity warrants.