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Commodities Briefing - Categorized | Metals and Minerals more

$100bln in private equity stalking mining assets

Posted on 03 October 2013

It may be too early for private equity players to gobble up juniors or put together mega-deals, but mid-tier miners may have new investors knocking on their doors. The $1 billion injection for former Xstrata chief executive Mick Davis’ new venture X2 Resources may be just the start of wave of new private equity investments in the mining industry.
According to one estimate cash raised for investment funds dedicated to mining and oil has reached a decade high of $24 billion this year………………………………………..Full Article: Source


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