Building a Multi-Silo Mining House
Mining Houses were the Alpha corporate entities in the mining ecosphere between late Victorian times and the 1970s-80s. They evolved in similar (and disparate) ways in the major financial markets where mining was an important component of the stockmarket, such as London, Toronto, Melbourne, Johannesburg and New York.
Usually they consisted of groupings of listed and unlisted entities with a central hub entity that decided group strategy & focus, organised financing of group companies and in some cases, marketed the minerals produced. Historical examples of the “species” are the Collins House group and BHP in Australia, Falconbridge and Noranda in Canada, Consolidated Goldfields, RTZ and Selection Trust in London, Asarco and AMAX in the US and Anglo-American and Billiton in South Africa. A more recent example was Xstrata.
In our own humble way we hope to build on the historical model and create a Mining House for our times.
ConsMin’s current royalty portfolio contains producing and exploration-stage assets; is diversified by commodity, country and operator; and provides ongoing revenue to fund future acquisitions.
The mining sector is historically cyclical, with projects requiring many years of exploration and development before reaching production. As a result royalties & streams have become an important source of funding for numerous companies in recent years.
Consolidated Mineral Estates was founded in 2021 and is managed by a small, specialist team of mining sector professionals with extensive technical, financial and management experience.
Mining Houses were the Alpha corporate entities in the mining ecosphere between late Victorian times and the 1970s-80s. They evolved in similar (and disparate) ways in the major financial markets where mining was an important component of the stockmarket, such as London, Toronto, Melbourne, Johannesburg and New York.