Mid-December Geovic Mining Corp. announced that the Nkamouna Cobalt Project engaged Standard Chartered Bank of London, UK, as its Advisor in connection with the further development and financing.
John E. ("Jack") Sherborne, President and CEO of Geovic Mining, states, "The Company continues to move aggressively toward its goal of commencing construction at Nkamouna in the second half of 2010. Standard Chartered Bank has a strong track record in mining finance, yielding confidence that the Project will advance as planned."
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About Geovic
Geovic is a U.S.-based corporation whose principal asset is 60.5% control of a significant cobalt-nickel-manganese deposit in the Republic of Cameroon, West Africa.
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