Mining and exploration
Trafigura Mining Division invests in mining
assets that are closely related to, and have strong synergies with,
the group's core non-ferrous and bulk commodities trading
business. Encompassing operations in South America, Europe
and Africa, the investments include wholly owned subsidiaries in
addition to cornerstone shareholdings in private and publicly
traded entities.
Regionally located specialist management
teams, dedicated to the development and management of the division,
combined with the financial and commercial support of Trafigura,
provide the platform for a diverse, multinational, mid-tier mining
group.
A steady flow of projects and deal flow
provide a platform for future growth within the mining division.
Existing operations include:
Iberian Minerals Corporation
Toronto listed polymetallic concentrate
producer in which Trafigura holds 48.5% (fully diluted). Assets
include Condestable, the Peruvian copper mine previously owned by
Trafigura and the recently commissioned Aguas Tenidas copper, zinc
and lead mine located in the mineral rich Iberian pyrite belt of
Spain.
iberianminerals.com
Africa : Anvil Mining Limited / Tiger Resources
Limited
Trafigura aquired a 36% share in the Toronto
and Australian listed company through a $200m financing package
(equity and debt). The financing facilitated the restarting of
construction work on the Kinsevere II copper project, located in
the Katanga province of the Democratic Republic of Congo. The
project will annually produce 60,000 tonnes of refined copper from
mid 2011. Trafigura expanded its regional investment in 2010 by
acquiring 30% of Tiger Resources Limited, through a debt and equity
funding package.
anvilmining.com
tigerresources.com
Cadillac Ventures Inc. .
Based in Toronto, Cadillac is a
development-focused exploration company with active exploration
projects in Spain, Northern Ontario and Canada. The expertise of
Cadillac Ventures technical team is focused on a two step process
1) strategically evaluate and acquire viable projects 2) Develop
the assets at those projects to a NI 43-101 Compliant Resource.
cadillacventures.com