Standout junior explorers are finding investors for their mining projects, while others are cutting back on exploration and development to counteract a tough corporate finance market and increased government fees.
Global private equity group Denham Capital has teamed up with former Karara Mining chief executive Steve Murdoch to establish a venture that will invest in a handful of new and established mining projects.
Private equity fund Denham Capital has launched its first Australian mining investment, committing $200 million to newly-formed coal venture Pembroke Resources in a deal spearheaded by the firm's Perth-based mining team.