Riskier but gold’s mid-tier and junior miners offer value
PAN African Resources broke into the JSE’s top 40 index last month with a market capitalisation of R65bn. Once a gold mining minnow, the share has tripled in value in the past 12…
La Mancha sells 3.5% in West African gold miner Endeavour
LA Mancha Resource Capital, a private investment firm, has sold a 3.5% stake in West African gold miner Endeavour Mining for about $437m. The fund said on Friday it had sold 8.5…
“Squeaky clean” Cockerill’s new endeavour
WHY do retired executives take nonexecutive positions? As a way of staying in the game, because of the handy fees, or just for a change of pace? It doesn’t appear to be the…
La Mancha to invest $10m in graphite mining development firm, SRG
LA Mancha Fund which holds the assets of Naguib Sawiris, the Egyptian entrepreneur and gold bull, is to invest $10m in a graphite mining development firm. La Mancha will take a…
Egypt’s Naguib Sawiris vends La Mancha shares into new, $1.4bn gold-focused fund
GOLD bull Naguib Sawiris, the Egyptian entrepreneur who helped bankroll Endeavour Mining, announced today the creation of a fund primarily pointed towards the development of…