Gulf Sovereign Fund Bets on Congo Mining Opportunity

Posted on 09/02/2016


A number of the Gulf-based sovereign wealth funds remain opportunistic institutional investors when it comes to the mining sector. Low-cost potash producers have drawn interest from institutional and corporate investors. Perth-based Elemental Minerals Limited raised US$ 50 million in capital through fully-paid ordinary shares at an issue price of A$ 0.20 per share. Three strategic […]