By Tshepo Magagane Mining M&A, does it solve anything? – the biggest problem is that it does not bring virgin ore to the market and worse, the ecosystem of juniors being turned into mid-tier single projects and then being acquired by the majors has totally broken down. In addition, capital from Merchant Banks is lacking […]
MSCI Metals v World (Mining Returns)
By Tshepo Magagane Banking is about creating that deal list! I never really got any reprieve when we joined from the M&M team (was sector agnostic largely) but it was honestly deal after deal! People who made proper money in mining positioned in the late 90s into the early 00s – that is when you […]
When Grief Grips A Man
By Luu Machila I was over 800 kilometres away from home when, just the first night upon arrival, word reached me announcing the passing of my brother, Cheelo Machila, at only 34 years. The world stopped spinning. My mouth was dry, my brain paused, hands and legs were numb. My faith was put to the […]
Give Yourself Some Credit.
Men’s perpetual paranoia that they’re going to lose it all might actually be the reason they end up with much less than they’ve spent years building. Overthinking is crippling. Where your business, health, marriage or career is thriving, the tendency to push the pedal harder is something most of us are guilty of. We’re in […]
Higher Finance In Mining
By Tshepo Magagane Cap-floor-mechanisms – why did lenders stop requiring hedging as part of the CP for Project Finance? Hedging makes money for the provider, not the producer – see the hedge unwind costs that normally go through the P&L of miners… …well over 2 decades including the last super-cycle – have never seen it […]
Copper Is Not Critical – It Is Strategic
By Tshepo Magagane Copper ore shortage – the market does not understand or even begin to appreciate how much lack of ore is already there before we even talk about the Transition. 2 yrs back sitting with a smelter operator (who has now actually put it on C&M), he went “I am getting investor offers […]
Copper Needs a Minimum of USD250bn Over The Next 10yrs To Meet The Transition Demand.
By Tshepo Mangagane Zambia alone needs USD12-15bn to unlock the independent projects that will contribute to the 3Mtpa Current AuM in Specialist Funds sits at USD17bn – less than 3% of that focuses on Africa. ZERO percent of Specialist Funds does pre-PFS projects across all commodities. There are not new pre-MRE projects defined globally. How […]
If You Can’t Read A Book, Read The Room.
Male loneliness is not the absence of people in our lives. It’s the presence of people that we cannot talk to about our struggles. Sometimes we overthink these things. That there is some future out there that rewards men for being men. Look, the reality is you will have to familiarize yourself with your favourite […]
Why Listed Equity Is Not Suitable For Developing Mining Projects!
By Tshepo Magagane Ivanhoe share price – why listed equity is not suitable for developing mining projects! If Ivanhoe was another company without such a strong shareholder base; it would be in serious trouble. Now given that you have long-term holders who understand mining, they are able to step back, understand the issue and then […]
Dr. Samuel Maimbo’s AfDB Bid: Lessons in Regional Unity and Strategic Leadership
Final Thoughts By Ceaser Siwale (31.05.2025) The recently concluded election for the presidency of the African Development Bank (AfDB) saw Zambia’s Dr. Samuel Munzele Maimbo mount a determined and commendable campaign, ultimately concluding with the victory of Mauritania’s Dr. Sidi Ould Tah. While Dr. Maimbo’s candidacy was backed by impressive technocratic experience and innovative reform […]