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 […]
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 […]
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 […]
AfDB – Plea To The New Leadership!
By Tshepo Magagane Really forget about these grand pronouncements that will not see the light of day! We are running out of time as Africa. We know what needs to be done – the solution is there, ESFD is there – AfDB is the only pillar-assessed…was pillar assessed 18mths back… …almost 3yrs and there has […]
Heatmap of Artisanal Mining
Review By Tshepo Magagane Heatmap of artisanal mining – we need to find financing solutions to formalise this key sector! NB: since then, I have come across more info that the production is higher!! After Insaka in Lusaka last year, I wrote the below – this is an opportunity for capital to make financial returns […]
Copper Supply and Financing Challenges in the face of increased Demand – There is No Transition Without Africa (so where is the Capital?)
By Tshepo Magagane, Mine Finance Senior Africa is blessed with an abundance of base metals including Copper across the Central African Copperbelt (Zambia, DRC), Kalahari Copperbelt (Botswana, Namibia), Kaoko Copperbelt (Namibia, Angola). Prospective tenements are available; however, they lack capital to risk-unlock into Feasible Projects. There are no new Pre-Feasibility Stage projects, and capital is required to […]
Build v Buy Debate in Mining
By Tshepo Magagane The most value-adding approach is to find and build – FQM started out by producing 2,000t pa and now, just in Zambia, they are about to hit 500,000t pa! Khoemacau was taken over for USD35m in distress (went into it during commissioning) and was sold for USD2.0Bn! The thing about buying a […]
Friedland on the West’s challenges
Observations By Tshepo Magagane Unfortunately, China has cornered most of the global market. And Friedland, who has been connected to China since the ‘90s, says it’s about 30 years ahead of us. And for processing of some minerals, there may be no catching up, given the small and specialized quantities involved. Friedland is building a […]
Getting Ahead of Itself
By Tshepo Magagane Gold – is it getting ahead of itself? Inflation adjusted all time high is USD3,800/oz – as QE started, you had Swiss based wealth managers going USD4,000-5,000/oz (the purported relationship with interest rates) 15yrs back post GFC when Central Banks raced to hold interests rates at zero, this is what we were […]