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Alphamin executes term sheets for $80m in funding for tin project

TSX-V-listed Alphamin has executed nonbinding term sheets for $80-million of project debt for its 10 000 t/y Bisie tin project, in the Democratic Republic of Congo. Construction on the project, which will reach full production in 2019, started in the first quarter of this year and the company expects the mine’s development to cost some $120-million.