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Firms joining forces to raise $500m for mining projects, particularly in Africa

Mining investment advisory company MX Mining Capital Advisors and law firm Norton Rose Fulbright South Africa are collaborating to assist in raising about $500-million in finance for mining projects worldwide and for Africa based ones in particularly. MX Mining is focused on raising capital and working with investors, and emerging and established mining firms to advance projects. However, MX Mining director Dr Mike Seeger tells Mining Weekly that he realised in 2016 that there was a need to strengthen his team and approached Norton Rose to assist with the legal technical components relating to mining finance as well as to leverage the firm’s relationship with government departments and senior investors owing to its vast experience of working on mining finance deals worldwide.