Investment
Strategy
| – | Predominantly focused on sub-Saharan Africa, in politically stable countries with reliable mining regulatory framework and title laws |
| – | Seek relatively de-risked brownfield projects with a resource |
| – | Unlock value from assets where historical technical and legal problems, and/or lack of funding, have depressed the value and prevented development |
| – | Invest in minerals with a robust market ( i.e. with a large array of applications and a balanced demand/supply outlook) rather than opportunistically riding the commodity prices |
| – | Projects with the potential to become world-class deposits positioned in the lowest cost quartile |
| – | Phased investment approach, linking capital deployment to critical de-risking milestones |
| – | Actively involved in portfolio companies |