Andrada Mining (“ATM”) has successfully navigated near-term liquidity constraints by securing 10-year bank loan facilities (announced 27 May) and a 1-year extension to convertible notes (29 April). In addition to an £8m equity raise in April, ATM is now funded to increase production from its flagship Uis operations in Nambia, via the installation of additional crushing capacity and XRT ore-sorting. This alone would drive tin output of 1.3kt in FY Feb’28E, +26% YoY. At the same time, ATM has plan ....
04 Jun 2026
Andrada Mining: Model update - balance sheet boost provides platform for multi-metal growth in Namibia
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Andrada Mining: Model update - balance sheet boost provides platform for multi-metal growth in Namibia
Andrada Mining Limited (ATM:LON) | 3.8 0 (-1.3%) | Mkt Cap: 83.6m
- Published:
04 Jun 2026 -
Author:
Roger Bell -
Pages:
7 -
Andrada Mining (“ATM”) has successfully navigated near-term liquidity constraints by securing 10-year bank loan facilities (announced 27 May) and a 1-year extension to convertible notes (29 April). In addition to an £8m equity raise in April, ATM is now funded to increase production from its flagship Uis operations in Nambia, via the installation of additional crushing capacity and XRT ore-sorting. This alone would drive tin output of 1.3kt in FY Feb’28E, +26% YoY. At the same time, ATM has plan ....