https://newsletter.en.creamermedia.com
Contractor|Flow|Gold|Sustainable|Equipment|Flow|Operations
Contractor|Flow|Gold|Sustainable|Equipment|Flow|Operations
contractor|flow-company|gold|sustainable|equipment|flow-industry-term|operations

Imara secures $1m loan to settle community, landowner lease payments in Kenya

Kenyan shilling

Kenyan shilling

29th January 2026

By: Marleny Arnoldi

Senior Deputy Editor Online

     

Font size: - +

London-listed Imara Gold has secured a $1-million unsecured loan facility from a strategic European investor to settle legacy stakeholder obligations to the Moyoi community, Narok County landowners and employees of the Kilimapesa gold mine, in Kenya.

Imara will ultimately pay back $2-million on the loan since it incurs 100% interest, through 50% of the free cash flow generated by the mine once contractor-led production starts.

The company is in advanced negotiations for such a contract, which it says will significantly reduce capital and working capital requirements by having the contractor supply equipment and an operations team.

Imara will receive a royalty on produced gold.

Kilimapesa is poised to be a 50 000 t a month heap leach operation.

Imara executive director Jason Brewer says the funding and operating framework is about putting Kilimapesa back onto a structured and sustainable footing.

“We are addressing community, land and statutory matters, aligning with local stakeholders and putting in place a contractor-led operating model. Subject to the required confirmations and mobilisation, this gives the company a clearer path toward restarting mechanised production at Kilimapesa,” he concludes.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (30/01/2026)
30th January 2026 By: Martin Creamer
 

Showroom

Astore Keymak
Astore Keymak

Astore Keymak is one of South Africa’s leading suppliers of high-quality Thermoplastic Pipeline Systems, with branches in the major provinces.

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine cover image
Magazine round up | 30 January 2026
30th January 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.175 0.285s - 189pq - 2rq
Subscribe Now