Small miners empowered by Mining Indaba mining fund
A $75 million fund has been launched to capitalise on investment opportunities in junior open mining companies in Africa.
The JSS Empowerment Mining Fund, a joint venture between Jaltech and Stefanutti Stocks seeks to invest in mining companies considered too small for traditional private equity or debt funding.
Mining Indaba, through its Investing in African Mining Indaba Conference (which we have spoken about here) has announced that the JSS Empowerment Mining Fund has signed on as sponsor of the New Junior Miners Pavilion, which includes the Investment Battlefield Competition.
“We believe that junior mines that are viable now will be very profitable when commodity price levels improve in the future,” explains Gaurav Nair, Executive Director of the JSS Empowerment Mining Fund. “Supporting junior mining companies will directly benefit investors and stimulate growth in the South African economy. And the tax benefits for investors can be quite substantial.”
The sponsorship is a perfect fit for the Mining Indaba, says MD Alex Grose. “We have always focused on connecting mining companies with government and the investment community – this includes identifying and supporting the best junior mining companies.”
What is the Investment Battlefield Competition?
The Investment Battlefield Competition is an opportunity for junior mining companies to pitch their exploration projects to a panel of leading investors and compete for a number of prizes that will support and advance the development of those projects.
“Identifying the best emerging mining companies for investors and supporting the development of new projects is a critical part of Mining Indaba. The Investment Battlefield competition takes this one step further”
So, what can a company actually win?
There can be only one.
The competition will close with one winner and one runner up and we can confirm that the prizes on offer, for both winner and runner up, are invaluable.
The Winner receives:
A free 3x1.5M exhibition stand at Mining Indaba 2018
A free 10-minute speaking slot in the Investment Discovery Forum at Mining Indaba 2018
Promotion in the post event report as the winner of the Investment Battlefield. This includes a full page write up as the hottest emerging mining investment opportunity in 2017.
Three free passes to attend Mining Indaba 2018
Access to our investor relations concierge service for their 2018 meeting schedule at Mining Indaba, confirming a number of investor meetings for your business
Free accommodation at Mining Indaba 2018 for one member of the team
Runner up:
Promotion in the post event report as the winner of the Investment Battlefield. This includes a full page write up as the second hottest emerging mining investment opportunity in 2017.
Access to our investor relations concierge service for their 2018 meeting schedule at Mining Indaba, confirming a number of investor meetings for your business
Two free passes to attend Mining Indaba 2018
The January 2017 issue of Mining Global is live!
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Get in touch with our editor Dale Benton at [email protected]