Mining Initial Public Offerings (IPOs) in London
A Glencore London float could value group at £30 billion plus
In what U.K. newspapers say could be the largest stock market IPO of the year, weekend reports say that the big Swiss-headquartered metals mining and trading company, Glencore International, is moving ever closer to a London IPO. See
More miners will flock to London next year
The London Stock Exchange is continuing its role as the premier commodities equity market in the world. See
Madagascar Oil brings tar sands project to London market
The arrival of Madagascar Oil on the Aim market allows investors to buy into what are likely to be among the dirtiest oil sands projects – benefiting from the lowest tax rates – anywhere in the world. See
Baker Steel Capital Managers
Baker Steel Capital Managers is a UK-based specialist investor in gold and natural resources, with three funds under management. One of these – Genus Natural Resources – is a short-long hedge fund operating out of the Cayman Islands tax haven, client investment in which must be at least US$1 million. Baker Steel boasts of ‘offering investors exposure to pre-IPO mining stocks’. See (From Money to Metals is frequently updated and is the most useful place to begin searching for information on mine finance. See