Investment Summary

EMR Capital Invests In Lubambe Copper Mine

On August 15, 2017, private equity firm EMR Capital invested in metals/mining company Lubambe Copper Mine from African Rainbow Minerals

Investment Highlights
  • This is EMR Capital’s 1st transaction in the Metals/Mining sector.
  • This is EMR Capital’s 1st transaction in Zambia.

Investment Summary

Date 2017-08-15
Target Lubambe Copper Mine
Sector Metals/Mining
Investor(s) EMR Capital
Sellers(s) African Rainbow Minerals
Deal Type Stake Purchase

Target

Lubambe Copper Mine

Zambia
Lubambe Copper Mine covers an area of approximately 44km2 and it is located adjacent to the existing Lubambe Copper Mine. The property includes an existing 420m deep shaft (known as No.2 shaft) dating from 1950’s, which accesses the southern limb of the deposit. Lubambe Copper Mine is based in Zambia.

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Investor(S) 1

DESCRIPTION

EMR Capital is a private equity firm focused on resource projects. The Firm looks to invest in a diversified range of opportunities including projects in current production as well as earlier stage (pre-production) assets. EMR Capital is based in Melbourne, Australia.


DEAL STATS #
Overall 1 of 2
Sector: Metals/Mining M&A 1 of 2
Type: Stake Purchase M&A Deals 1 of 1
Country: Zambia M&A 1 of 1
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-19 BHP Billiton - Cerro Colorado

Chile

BHP Billiton's Cerro Colorado is located in the Atacama Desert in northern Chile and represents one of two copper mining operations of BHP’s Pampa Norte division. In fiscal year 2017, Cerro Colorado produced 65,000 tonnes of copper cathode.

Buy $320M

Seller(S) 1

SELLER

African Rainbow Minerals

Sandton, South Africa

Category Company
Founded 1933
Sector Metals/Mining
Revenue 11.4B ZAR (2024)
DESCRIPTION

African Rainbow Minerals (ARM) is a diversified mining and minerals company with long-life, low unit cost operations. ARM mines and beneficiates iron ore, manganese ore, chrome ore, platinum group metals, copper, nickel, and coal. ARM also produces manganese and chrome alloys and has an investment in gold through its shareholding in Harmony. African Rainbow Minerals was founded in 1933 and is based in Sandton, South Africa.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Zambia M&A 1 of 1
Year: 2017 M&A 1 of 1