05
Nov
Castle Minerals Limited, an Australian-based mining company with substantial project areas across Ghana, has received a significant boost from Ghana's Minerals Income Investment Fund (MIIF). In an announcement today, Castle Minerals said the MIIF has committed a US$2 million investment to support Castle's gold exploration initiatives and the Kambale Graphite Project in northern Ghana. This strategic investment, formalised in a non-binding term sheet, includes a US$500,000 share investment in Castle Minerals and a US$1.5 million stake in its Ghanaian subsidiary, Kambale Graphite Limited (KGL), which owns the Kambale Graphite Project. The deal is expected to advance the graphite project through…