Perth’s Force To Let Key Contracts This Month For New Open-Pit Lead-Silver Mine In Malawi

Perth’s Force To Let Key Contracts This Month For New Open-Pit Lead-Silver Mine In Malawi: APerth company which has already pre-sold to a major Swiss global trading house its entire high grade lead-silver entitlement from a mine yet to be built in Africa, says it expects to finalise the key exploration, mining and beneficiation contracts for the mine by the end of this month.

Speaking on the third and final day of the Paydirt 2019 Africa Downunder mining conference in Perth, Force Commodities Managing Director, Mr Jason Brewer, said the key project milestones would also coincide with a start to a new onsite drill program at the Company’s 51%-owned 1,400km� Tshimpala base metals project in Malaw

Force Commodities Locks Down Lead-Silver Offtake for Tshimpala | INN

Force Commodities Locks Down Lead-Silver Offtake for Tshimpala | INN: Force Commodities (ASX:4CE) has entered a binding offtake agreement for all high-grade lead and silver ore produced at the Tshimpala project in the Republic of Malawi.

The deal, held with Swiss global commodities trading group Transamine Trading, gives Transamine the right to purchase the aforementioned products from Tshimpala on an “evergreen” basis. It is unknown at this time how long the agreement is set to last, though Force refers to it as a “multi-year contract.”