Energy and resources global private equity firm Denham Capital Management has committed $200 million for setting up an African mining platform. The platform will be set up in partnership with South African miner Pangea Exploration.
The new venture will target a wide range of opportunities across Africa and focus on opportunities across the project life cycle, from de-risking to resource expansion and cash flow development. It will also target the geologically rich resources of Africa and review opportunities in a wide range of minerals including gold, platinum group metals, iron ore, coal and copper.
Click here for the release from Business Wire.