Trevali on target with African asset acquisitions as zinc output rises

July 24, 2017

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Zinc producer Trevali Mining has demonstrated the significance of adding two new African mines, with pro-forma second-quarter results showing that 63% of the zinc-equivalent payable pounds were contributed from Rosh Pinah (Namibia) and Perkoa (Burkina Faso).
Both assets are being acquired from Glencore under definitive agreements announced in March, and with an effective date of April 1. However, finalising the new $190-million debt facility and regulatory items will extend closing of the acquisition of the African mines to August 31.

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