Results for: ""la mancha""
An all-Sawiris mining merger
…companies: Naguib Sawiris’ La Mancha fund holds significant stakes in Altus and Elemental. It acquired a 35% stake in Altus in 2020 and 9.3% of Elemental in April. And backs…
TONIGHT: Earnings season lands with a thud + travelers still need a hard copy of their QR passport + EAMCO signs new agreement for EV component production
…the next five years to increase its footprint in Africa, while Sawiris’ La Mancha gold fund will offload its controlling stake in Canadian miner Golden Star Resources and reinvest the…
Ora plans USD 1 bn Africa expansion + Sawiris pivots to battery metals
…told several media outlets during the conference. Sawiris’ La Mancha gold fund will offload its controlling stake in Canadian miner Golden Star Resources and reinvest the proceeds into metals used…
TONIGHT: Traders give thumbs up to new EGX tax cuts + El Sisi in Paris for Libya conference + our EV assembly plans with Dongfeng just hit a wall
…“green” mining to BTC, Ora Developers’ expansion and a possible exit from Euronews. Key takeaways so far: Sawiris is looking to diversify his La Mancha gold fund to also look…
Sawiris likes Chilean copper
…2019, and following the acquisition by Sawiris-owned La Mancha of a 35% stake in Altus in February 2020. Its subsidiary Akh Gold snagged exploration licenses for 9 Eastern Desert blocks…
Tunisia leading coverage in the foreign press
…former president Gamal Abdel Nasser’s nationalization of the Suez Canal. La Mancha in the pink paper: The Financial Times is also running a piece on Sawiris-backed La Mancha’s new USD…
La Mancha fund aims to raise USD 300-400 mn investments
La Mancha’s fund targets USD 300-400 mn contributions: Sawiris-run La Mancha is open accepting new investors in its new USD 1.4 bn mining fund, aiming to attract investments worth USD…
Sawiris’ La Mancha transforms into mining fund
Sawiris-run La Mancha is transforming itself into a USD 1.4 bn mining fund that includes all of La Mancha’s current gold mining assets as well as a USD 100 mn…
Sawiris’ Endeavour becomes an LSE-listed company
…Sawiris’ La Mancha as its largest shareholder, set up a new holding company based in London that will also begin trading under its new corporate structure on the Toronto Stock…