A group of investors led by a son of the late Swedish-Canadian mining tycoon Lukas Henrik Lundin is seeking to raise $500-million for a fund that will invest in mining projects. Nordic Natural Resources Capital will take “sponsorship” stakes and invest in convertible debt for mining companies at development or construction phases of their projects, according to a term sheet seen by Bloomberg.
Articles can be saved for quick future reference. This is a subscriber benefit. If you are already a subscriber, please log in to save this article. If you are not a subscriber, click on the View Subscription Options button to subscribe.
Please enter the email address that you used to subscribe on Engineering News. Your password will be sent to this address.Note: When you select a default region you will be directed to the MiningWeekly.com home page of your choice whenever you visit miningweekly.com. This setting is controlled by cookies and should your cookies be re-set you will then be directed to the regional edition associated with the geographic location of our IP address.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dedicated to Chapters/Indigo, the national Canadian megachain'It's my responsibility because if I tell them to stop, they'll stop.'
Read more »
Beth Lewis on how off-grid glamping shaped her love of the Canadian wildernessCamping, kayaking with killer whales and hiking in the forests of British Columbia installed in the British author a lifelong love of the wild, which fed her writing across four books.
Read more »
Drake Brings Out Lil Baby Instead of 21 Savage for Canadian Performance21 Savage went MIA from his much-hyped performance with Drake in Canada after finally getting his Green Card -- and it's a big mystery why.
Read more »
Surging bond yields add to Canadian homeowners' mortgage pain as renewals loomThe roughly 75,000 Canadian homeowners awaiting mortgage renewal notices next month are bracing for a shock interest rate jump due to a surprise global bond rally, which will further squeeze already t
Read more »
Surging bond yields add to Canadian homeowners' mortgage pain as renewals loomSurging bond yields add to Canadian homeowners' mortgage pain as renewals loom
Read more »