The funds will be used to expand the mining and natural resources projects of Centaur Mining predominantly in South Africa. Centaur’s Mining arm, which is based in South Africa, have received reserve bank approval for 1.5 billion ZAR for the funds to be deployed in South Africa.
The deal, which was agreed at a four per cent coupon, will see Centaur’s Asset Management arm serve as the advisor to Centaur Ventures. Centaur Ventures are based in Dubai, with additional offices in London, Hong Kong and Bermuda.
Centaur Ventures was established with a specific focus on investments in the mining and natural resources […] Read more