Alternative Resource Capital

Alternative capital solutions for the world of natural resources

The landscape of resource capital solutions is changing rapidly. ARC has identified a very real need for a different approach to the deployment of resource capital through this cycle and the cycles to come. We know that every capital challenge is different, as are the business goals and the strategies required to achieve them. At ARC we don’t offer a ‘one-size-fits-all’ solution. We’ll look at your strengths, understand your needs and create a tailor-made plan to achieve specific results and then work hard with you to deliver handmade, client-centric solutions.
Visit provider site at https://www.altrescap.com/

Latest Content

Central Asia Metals Plc

Q1 production results broadly as expected

CAML’s Q1 2021 production rates of copper, zinc and lead were down slightly versus Q1 2020, but we believe output of all three metals remains on course to meet group guidance for 2021. The latter is in-line with production levels over recent years, which if achieved we believe would result in material earnings (and potentially dividend) growth this year given the rally in base metals prices over recent months relative to 2020 average levels. Our 2021 forecasts would put CAML on an EV/EBITDA mult

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13 Apr 21
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Central Asia Metals Plc

2020 results: strong performance in tough year

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30 Mar 21
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Mkango Resources Ltd.

Songwe progress gathers pace with start of pilot processing

The start of pilot processing is a major milestone for Mkango. Developing a viable process flowsheet is arguably the key hurdle to overcome for prospective new REE market entrants, and we are therefore greatly enthused by the reported progress on optimising flotation recovery, concentrate grades and hydrometallurgical treatment steps beyond the already robust metrics envisaged in Songwe’s 2015 prefeasibility study. We thus believe Songwe is well placed to transition to the development phase on c

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24 Feb 21
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Bushveld Minerals Limited

Solid platform for growth after challenging 2020

Overcoming coronavirus-related operational interruptions in H1 and unplanned maintenance stoppages in H2, Bushveld just about reached the lower end of its production guidance range for 2020. It is now targeting a 13-20% increase this year, albeit weighted towards the second half. Encouragingly, the group saw a recovery in demand and sales in late 2020, a trend that has continued into the new year. We are cautiously optimistic vanadium prices could strengthen further through 2021, which, together

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10 Feb 21
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Central Asia Metals Plc

2020 production targets met; lifting our earnings and dividend estimates on stronger metal prices

CAML’s 2020 year-opening production targets were reached or exceeded, an impressive feat given the unprecedented (and unforeseen) challenges posed by the coronavirus pandemic and, latterly, the tailings leak incident at Sasa. The characteristically strong operational performance was captured by our forecasts, but higher-than-anticipated metal prices through Q4 have lifted our full-year earnings estimates and our final dividend expectations. Notwithstanding the sharp rise in prices through late 2

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11 Jan 21
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Bushveld Minerals Limited

Innovative financing reignites growth drive

We consider the US$65m production financing and convertible loan note offering a watershed moment in Bushveld’s evolution, strengthening its balance sheet and thus de-risking its growth ambitions at a pivotal point in the vanadium market cycle. Vanadium’s long-term fundamentals look strong, yet pricing is currently constrained by the dual effects of COVID-related industrial depression in the West and elevated seaborne iron-ore pricing (the latter indirectly increasing V co-supply in China). We b

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01 Dec 20
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