By Ceaser Siwale The recent U.S. military action against Iran marks a severe geopolitical escalation with immediate, far-reaching consequences for global markets and business operations. The primary threat is a potential closure of the Strait of Hormuz, a chokepoint for approximately 20% of global oil and LNG supplies. This is not a moderate risk; it is a […]
No One Is Coming To Save Us!
Africa capital solutions starting to take shape… We just did last mile capital into PF for a mining project; this was local capital! We are working to unlock the Western Corridor of Zambia – DBSA, FQM, BHL, and others – local & regional capital pools! Why I always say, you need for the GEPF, PIC, […]
Mining Mergers & Acquisitions
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 […]