Abu Dhabi wealth fund, Orion to invest $1.2bn in metals, mining

Abu Dhabi wealth fund, Orion to invest $1.2bn in metals, mining

Joint venture to initially invest in mining firms in  Africa, Asia and Latin America

Government's National Wealth Fund invests in Cornish mining

The government-backed National Wealth Fund will invest in Cornish Metals, which could mine critical minerals needed for solar panel production.

ADQ, Orion to establish $1.2bn Abu Dhabi-based joint venture

ADQ has entered into a partnership with Orion Resource Partners (Orion), a leading global investment firm, to establish a new Abu Dhabi-based 50-50 joint venture in metals and mining sector, focused on strengthening supply chain security in the UAE and beyond. Initially, the joint venture partners will invest $1.2 billion over the course of the first four years. OMF (ME) JV LP (Orion Abu Dhabi), based in ADGM, aims to invest in mining companies …

Abu Dhabi’s ADQ, Orion to invest $1.2bn in metals, mining

The venture will initially invest $1.2bn over four years in mining companies in emerging markets in Africa, Asia and Latin America The post Abu Dhabi fund ADQ, Orion joint venture to invest $1.2bn in metals, mining appeared first on Gulf Business.

Capricorn Metals expands with latest acquisition - Australian Mining

Image: Phawat/shutterstock.comCapricorn Metals has secured the Mummaloo project through a binding agreement with Top Iron, expanding its exploration footprint near the Mt Gibson gold project in Western Australia. Mummaloo contains four key exploration targets that have already been found by Capricorn, with the highest-priority zone just 6km northeast of its current Mt Gibson gold project (MGGP) resources. Covering approximately 219km2, the Mumma…

ADQ joins Orion in $1.2bn metals joint venture

Copper and iron ore targeted Emerging markets in frame Fifth international office for Orion The third-largest of Abu Dhabi’s sovereign wealth funds, ADQ, is setting up a $1.2 billion joint venture with the US investment company Orion Resource Partners to invest in the metals and mining sector. The 50-50 joint venture will be based in Abu Dhabi and will target long-term agreements to source essential metals and minerals, including copper and high…