Entries by Elodie.Castagna

RCF sponsored UWA Business School wins sustainability and value creating competition at PDAC

For the second year in a row, the RCF sponsored University of Western Australia (“UWA”) Business School has won the Schulich International Case Competition at the Prospectors & Development Association of Canada (“PDAC”) convention in Toronto. The competition requires University and Mining School teams from around the world to submit an essay in response to […]

MZI Resources Ltd. Completes Commissioning and First Product Shipment to Customers

Resource Capital Fund VI L.P.’s (“RCF VI”) portfolio company, MZI Resources Ltd., announced recently that it had completed commissioning and exported the first shipment of mineral sands at its main Keysbrook and Picton plant facilities in Western Australia. MZI Resources’ shareholders initially approved a $58 million funding package from RCF VI in November 2014, negotiated […]

Strategic Investments Provide Valuable Dimension to RCF Portfolio

When RCF began investing its first fund, the US$41.4 million (M) RCF I almost two decades ago, investments ranged up to $7.7M in size. With US$2.04 billion available to invest in Fund VI, it would be easy to ignore smaller opportunities.  RCF, however, continues to make investments at these levels for a variety of reasons.  […]

Partner Profile, Pete Nicholson

Pete Nicholson is one of RCF’s seven partners and is responsible for running one of RCF’s two Perth deal teams. I’ve spent thirteen years with RCF now and in my current capacity head up of one of our two Perth based deal teams. Each deal team is responsible for identifying and sourcing new investment opportunities […]

RCF Provides Talon Metals US$15 million to Further Tamarak Project

In late 2015, Toronto Stock Exchange-listed junior developer Talon Metals announced it will use the US$15 million it received from Resource Capital Funds to earn an 18.45% interest in Rio Tinto Group subsidiary Kennecott’s high grade Tamarack Nickel-Copper-PGE Project, located west of Duluth, Minnesota, USA. Talon CEO Henri van Rooyen said that the entire US$15 […]

Bannerman Resources Shareholders Approve Company Restructure

Bannerman Resources Limited recently announced the acquisition of full ownership of its uranium asset, Etango, in Namibia, and a debt free balance sheet. The resolutions, which were all endorsed by shareholders at the company’s Annual General Meeting in December 2015, included a transaction with Resource Capital Funds to raise A$3 million through an equity placement […]

Interview with Ross Bhappu

Ross Bhappu is a Senior Partner of Resource Capital Funds and a specialist in metallurgical engineering and mineral economics. Ross spent time initially working on the operations side of mining before deciding that it was M&A activity in the mining sector that he was particularly passionate about. I grew up in a little town in […]

Lighthouse Resources Plans to Supply Cleaner Coal to Asian Market

Lighthouse Resources is an owner and operator of two thermal coal mines in and around the Powder River Basin which stretches across southeast Montana and much of Wyoming. Currently the mines produce approximately 5.8 million metric tons per annum for the US domestic market (4.4 million tons per annum to Lighthouse’s account) and the Company […]

Interview with RCF Senior Partner Russ Cranswick

Russ Cranswick is from British Columbia in Canada and had an extensive career in mineral exploration before joining RCF. Russ spent most of his early career working as a geologist on exploration projects in remote northern Canada.  While growing up in a more rural area of southeast BC, as a teenager, I did yard work […]

Value of Private Equity for TMAC Resources

Toronto-based TMAC Resources is currently developing the Hope Bay Project, a gold development in Canada’s Hope Bay region with planned first production by the end of 2016. In a market that has been otherwise difficult for gold companies, RCF provided over 85% of the last two rounds of private funding and, with RCF contributing one […]