REUTERS/Jan LopatkaPRAGUE, June 30 (Reuters) - Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars support the roll out of new technology that could help miners slash use of cyanide, its CEO said in an interview on Friday.
The privately-held Czech company is the world's leading sodium cyanide maker.
It acquired Australian Mining & Process Solutions last year, which developed innovative glycine leaching technology that can cut cyanide usage in mining by about half, depending on the circumstances.
Draslovka hopes the technology will spearhead a transformation of the industry, raising its effectiveness and reducing environmental impacts.
Bruzek said Draslovka had another 10 similar potential projects lined up by year-end, including a top nickel and cobalt miner.
Persons:
Pavel Bruzek Jr, Jan Lopatka, Draslovka, Bruzek, JP Morgan, Barrick, Emma Rumney
Organizations:
Draslovka, REUTERS, Australian Mining, U.S, Oaktree Capital Management, Partners, Thomson
Locations:
Prague, Czech Republic, Jan Lopatka PRAGUE, Czech, London, United States, Sasol, South Africa