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SNIC COMMODITIES

SNIC Commodities is the energy and resource investment arm of the SNIC Group and specializes in crude oil, coal, iron-ore, copper and timber assets across the African continent and other emerging markets. SNIC Commodities focuses only on these five commodities and seeks investment opportunities primarily on the African continent and South America.

SNIC Commodities has built good relationships with Singapore, Kuwaiti and Indian based resource companies that have a strong appetite for the commodities we are involved in. Our network of partners therefore allows us to tap into strong mining capabilities and technologies, together with an established market to sell all our production. SNIC Commodities will only partner with companies or entities that hold the mining rights, mining permit or concessions in the particular jurisdiction and those companies must have completed the exploration phase of their business plans with geologically proven and audited reserves.

Minimum Investment size: R25 million
Maximum Investment size: Generally R75 million but will consider larger investments
Minimum Equity taken: 20%

Major Transactions:
  • i) Zimbabwe Iron Ore Project
  • ii) Cameroon Timber Project